Moody’s Withdraws Airmont’s Rating

According to the financial group, Moody’s Investment Services, they recently withdrew ratings for 25 municipalities in New York state due to a policy set in place in 2013. The policy from Moody’s requires that towns and other municipalities must have an annual audit completed or verified by a consultant outside of the state. Officials for Airmont stated that private consultants cost about $20,000 and the village chose to save money to keep below the tax cap. The village’s rating was released as an upper-medium grade, but without a 2013 independent audit, the rating has been withdrawn.

Snow Closings Updated Regularly

Please click on the image below to view all snow closings for Rockland County.