Yesterday, the bond rating firm Standard & Poor’s upgraded the county’s ratings for several bonds. But last month, Moody’s Investors Service downgraded the county’s rating.
government finance
Posted inNews & Opinion
Moody’s lowers Monroe County’s credit rating
Moody’s Investors Service has lowered Monroe County’s bond rating, which could translate to higher borrowing costs. The move follows an approximately two-year period where Moody’s first increased the county’s rating, then held it steady. The financial services company issued the action yesterday and it also changed the county’s ratings outlook — its prediction of future […]
