News | Nov 2013
Westchester Rates AAA with S&P, Fitch; Gets Dowgraded by Moody’s
Westchester Rates AAA with S&P, Fitch; Gets Dowgraded by Moody’s
Moody’s downgraded the county bond rating to AA1, citing concerns over the county’s participation in the state’s pension amortization program and its effect on the county’s budget reserve. AA1 is the second highest bond rating, behind AAA.