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Rockland Secures Improved Bond Rating

August 15, 2019 by helpdesk1

Good financial news for the county, another nationally-recognized statistical rating organization has given Rockland’s General Obligation Bond Rating a boost. The group “Fitch Ratings” bumped Rockland up from an “A-minus” to an “A” thanks to what it calls “the county’s improved financial resilience.” Rockland County Executive Ed Day says it’s the tenth consecutive upgrade the county has received…

The rating comes on the heels of the 2018 Comprehensive Annual Financial Report that recently showed a positive unassigned fund balance of just over $32 million in the County’s General Fund.

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