I am very pleased to report that Moody’s Investors Services affirmed Lowell’s long-term bond rating of A3 and removed the city’s negative outlook, particularly in such a precarious time for our local, state and national economy. Moody’s stated that the rating “reflects the city’s improving financial position, which remains strained but has begun to stabilize [...]
Archive for June 24th, 2008
Bond Rating
Posted in Budget, Economic Development on June 24, 2008 | 1 Comment »