Mayor Patrick Madden Statement on City of Troy Bond Rating by Moody’s Investors Services

Mayor Patrick Madden Statement on City of Troy Bond Rating by Moody’s Investors Services

FOR IMMEDIATE RELEASE:
Media Contact: John Salka, Deputy Director of Public Information
[email protected] / (518) 279-7131

MAYOR PATRICK MADDEN STATEMENT ON CITY OF TROY BOND RATING BY MOODY’S INVESTORS SERVICES

“Today’s affirmation of the city of Troy’s bond rating as ‘A2’ by Moody’s Investors Services remains unchanged from the previous year and is consistent with my administration’s expectations of the ongoing fiscal challenges facing our city. This only reinforces our position that this issue needs our immediate attention and will remain a top priority of my administration moving forward, with the goal of removing the negative outlook by next year’s review.”

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