Listen Live on  
 

NewsRadio WHAM 1180

Rochester's News, Weather & Traffic Station
 
 

Moody's gives Rochester bonds top rating

 
Moody's gives Rochester bonds top rating
Posted Wednesday, February 26th 2014 @ 5pm  by Bud Lowell

Moody's Investor Services has given the City of Rochester it's highest bond rating.

Moody’s says the city's short-term bonds are "Best Quality" -- an Aa3 rating.

That means Moody's thinks Rochester's financial position is stable despite the city's challenges, and it thinks the city has enough financial reserves to meet its obligations.

 

Recommended Stories

More from NewsRadio WHAM 1180

*