Rockland Town Receives Bond Downgrade

Standard and Poor’s released a report this month, in which they detailed a Rockland County town’s financial standing. According to analysts at S&P Clarkstown has two years to improve their rating before it is too late to fix. The report lowered Clarkstown’s bond rating AAA to an AA+, but continues to hold a stable outlook, officials stating the reason is the expected improvement and the town’s upcoming move to issue $9.8 million in public improvement bonds. The outlook could get worse, however, if the town doesn’t begin to make changes regarding the deficit in the budget. Town Councilman George Hoeman, who is challenging incumbent Alex Gromack in the election for Supervisor stated that the rating downgrade should be taken as a warning for the town and is a direct result of failed fiscal policies. Gromack stated that the lower rating is still one of the highest in New York, and past budgets have all been unanimously approved by the town board.

Snow Closings Updated Regularly

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