Map Interactive local COVID-19 tracker
Contact Us
Yonkers Daily Voice serves Yonkers, NY
Return to your home site


Yonkers Daily Voice serves Yonkers, NY

Nearby Towns

Breaking News: COVID-19: Here's How To Determine Vaccine Eligibility, Schedule Appointments

Standard & Poor’s Upgrades Yonkers’ Bond To A+

Standard & Poor’s upgrades Yonkers’ bond rating to ‘A+’.
Standard & Poor’s upgrades Yonkers’ bond rating to ‘A+’. Photo Credit: File

YONKERS, N.Y. -- Standard & Poor’s has upgraded its rating of Yonkers’ general obligation bonds to A+, an upgrade of three notches from the city’s previous BBB+ rating, according to a press release from Mayor Mike Spano's office.

Citing its strong financial management, good fiscal policies and an improving economy, Standard & Poor’s said the city has a stable fiscal outlook.

“In Yonkers we’ve seen what can happen when Democrats and Republicans put politics aside to do what’s right for the people,” said the mayor in the release. “The City Council, working across the aisle, has been instrumental in our success to stabilize Yonkers’ fiscal outlook and grow the economy.”

Nicholas DeSantis, the city’s outside auditor, said Yonkers' new A+ bond rating is the highest since at least 1981.

Standard and Poor’s said Yonkers’ financial flexibility has improved considerably in the past few years when the city was assessed as having a negative fiscal outlook by Moody’s Investors Service as recently as 2011, the release said.

to sign up for Daily Voice's free daily emails and news alerts.

Welcome to

Yonkers Daily Voice!

Hi! You've read our articles so we know you like our reporting. To keep reading please join our mailing list.

Get important news about your town as it happens.