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Standard and Poor’s

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…

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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…

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by Jon Craig