Clifton Park receives high credit rating from Moodyssaratogian.com
3/3/2013: CLIFTON PARK Conservative budgeting and the absence of debt continues to pay off for the town with an excellent credit rating.
As part of an $8 million bond refinancing effort earlier this month Moodys Investors Services affirmed the towns high rating for prospective bond buyers. The credit rating company has given the town an Aa2 rating.
In its financial review Moodys noted the towns healthy reserves, moderately sized tax base, and minimal debt. The ...Read More
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