New City, NY – County Executive Ed Day announced today that Moody’s Investors Service released a Sector Comment Report on local government and deficit financing legislation. The Report references two New York municipalities who received deficit financing, Rockland County and the City of Long Beach, and how New York requires increased financial reporting to the […]
County officials announced on Wednesday that Moody’s Investors Service rated Rockland’s Tax Anticipation Notes (TANs) MIG 1, the highest short-term rating assigned by Moody’s to Notes. This is a first for Rockland County since its severe deficit position in 2011 and comes on the heels of its seventh consecutive bond rating increase in March. “This […]
