Moody’s Investors Service has upgraded the County’s issuer and general obligation limited tax ratings to Aa1 from Aa2. Rockland County Executive Ed Day says that means Rockland is now one of the strongest counties financially in New York State…
According to Moody’s Investors Service, the upgrade demonstrates the county’s financial position continues to improve, thanks to strong management and budgeting. The rating also shows a significant tax base, above-average socioeconomic profile, and a manageable long-term liability profile.