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Moody's Investors Service

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$2.4B Westchester Budget For 2024 Signed By County Exec Latimer: Here's What's In It $2.4B Westchester Budget For 2024 Signed By County Exec Latimer: Here's What's In It
$2.4B Westchester Budget For 2024 Signed By County Exec Latimer: Here's What's In It Westchester County Executive George Latimer has officially signed the county's 2024 budget.  The budget, which totals $2.4 billion, was signed by Latimer on Monday afternoon, Dec. 11 following its passage by the Westchester County Board of Legislators earlier in the day.  According to county officials, the new budget maintains the same property tax levy as 2023, which means it is the fifth consecutive year without a levy increase.  The budget also includes additions approved by the Board of Legislator's Budget & Appropriations Committee. These additions to the …

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by Ben Crnic
News
Westchester's Bond Rating Upgraded By Fitch: 'Disciplined Financial Management' Westchester's Bond Rating Upgraded By Fitch: 'Disciplined Financial Management'
Westchester's Bond Rating Upgraded By Fitch: 'Disciplined Financial Management' Thanks to "disciplined financial management," Westchester's bond rating has been upgraded to the highest possible designation by Fitch ratings, county officials said.  The county's credit rating was upgraded by Fitch to a prestigious "AAA" credit rating, officials announced on Wednesday, Nov. 29.  County Executive George Latimer said the upgrade resulted from hard work and careful financial management.  "From day one, my administration has been committed to strong financial management, fiscal stability and prudent governance. This is a tremendous accomplishment for my a…

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by Ben Crnic
News
Westchester County Given Aa1 Bond Rating By Moody's Westchester County Given Aa1 Bond Rating By Moody's
Westchester County Given Aa1 Bond Rating By Moody's Westchester County has just received an Aa1 bond rating by Moody's Investors Service, reflecting the county's "diverse and resilient economy," according to the company. In addition, it has upgraded the county’s rating outlook to positive from stable.  Earlier Report - County's Bond Rating Outlook Upgraded By Fitch Ratings According to the report that came with the rating, the county has benefitted from "strong resident wealth, a sizeable corporate base, and healthy full value per capita," as well as a home for workers commuting to New York City, according to Moody's.&n…

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by Ben Crnic