TOWN RE­CEIVES AAA RAT­ING

The News-Times - - NEWS - — jperkins@new­stimes.com

The town has earned the best bond rat­ing pos­si­ble from a fi­nan­cial firm.

Stan­dard & Poor’s reaf­firmed the town’s AAA bond rat­ing, cit­ing the town’s strong liq­uid­ity, fis­cal man­age­ment, bud­get per­for­mance and more, First Select­man Steve Dunn said at this week’s Board of Select­men’s meet­ing.

This will en­able the town to re­ceive lower in­ter­ests rates when it bor­rows money.

“That is re­ally good news given the things we’re look­ing to do,” Dunn said.

An­other rat­ing agency, Moody’s In­vestor Ser­vices main­tained the town’s Aa2 rat­ing ear­lier this year.

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