Fair 40°
Tag:

Fiscal responsibility

Politics
Rockland County Executive Ed Day Announces Staffing Changes Rockland County Executive Ed Day Announces Staffing Changes
Rockland County Executive Ed Day Announces Staffing Changes Rockland County Executive Ed Day has announced a series of staffing changes that will take effect this week. Day said beginning Monday, Feb. 28, Chief of Staff Mike Hoblin will replace Deputy County Executive Guillermo Rosa, who retired on Friday, Feb. 25. "Guillermo Rosa has been by my side since I first took office in 2014 and moved mountains in service to Rockland residents," Day said in a statement. "Guillermo is directly responsible for many of the transformational initiatives we have implemented within county government over the last eight years and has led the charge of mod…

SHARE

by Nicole Valinote
Politics
Fitch Upgrades Rockland Bonds To 'A' Rating Fitch Upgrades Rockland Bonds To 'A' Rating
Fitch Upgrades Rockland Bonds To 'A' Rating Fitch Ratings upgraded the County’s General Obligation Bond Rating from “A-” to “A,” County Executive Ed Day and Commissioner of Finance Stephen DeGroat announced. This makes for the 10th consecutive bond upgrade since 2014 when the Rockland County had a $138 million deficit and its bonds were rated just above junk, officials say. Ultimately, the upgraded ratings mean that Rockland County can borrow money to fund capital projects at a lower cost, saving taxpayer dollars. “This upgrade shows that the difficult choices we made in the past are being noticed and paying dividends for our reside…

SHARE

by Valerie Musson
Politics
Rockland's Bond Ratings Upgraded By S&P, Moody's Rockland's Bond Ratings Upgraded By S&P, Moody's
Rockland's Bond Ratings Upgraded By S&P, Moody's Rockland County’s bond ratings have gotten an upgrade, according to Rockland County Executive Ed Day and Commissioner of Finance Stephen DeGroat. Standard and Poor’s IS&P) increased Rockland’s long-term bond rating by two notches (from ‘A-‘ to ‘A+’) and Moody’s Investors Service increased the rating to Rockland’s Various Purposes Bonds and Refunding Bonds and reaffirmed the County’s long-term bond rating. As a result, the County was assigned a “positive outlook” with an A+ rating to Rockland’s Various Purposes Bonds and Refunding Bonds. Meanwhile, Moody’s assigned Rockland an A2 rating…

SHARE

by Valerie Musson
Business
Rockland County Bond Ratings Earn Top 'A' Status From Standard & Poor's Rockland County Bond Ratings Earn Top 'A' Status From Standard & Poor's
Rockland County Bond Ratings Earn Top 'A' Status From Standard & Poor's Rockland County Executive Ed Day announced that Standard and Poor’s rated Rockland's bonds in the A category, a clear sign that fiscal policies he put into place are paying off for taxpayers.  The A- rating by Standard and Poor’s is the county's sixth consecutive bond upgrade since 2014, when Rockland's bonds were rated just above junk and the county had a $138 million deficit. “I vowed I would restore this county to a position of fiscal responsibility and strength – that I would right our financial ship. I have kept that promise,” Day said. “This upgrade means that we can borrow money as w…

SHARE

by Jon Craig