Standard and Poorโs rated announced another upgrade in Rocklandโs bond ratings this week, grading the countyโs debt in the A category for the first time in several years. It is the countyโs sixth consecutive bond upgrade since 2014. Rocklandโs bonds were rated just above junk at that time and the deficit tab reached $138 million. [โฆ]
Standard and Poorโs joined Moodyโs Investors Service in dropping Rockland Countyโs credit rating level on Friday, June 29, putting the county at just above junk status. In May, Moodyโs Investors Service dropped Rockland and made it their lowest-rated county in all of New York. Standard and Poorโs reps said they chose to make the move because [โฆ]