Contact Us

Binghamton Short-Term Debt Rating Upgraded

Bob Joseph/WNBF News

Moody’s Investors Service has upgraded its rating on the City of Binghamton’s short-term debt.

The ratings service Monday also announced it has changed its outlook for Binghamton to “stable.”

Moody’s in January downgraded the rating on the city’s long-term general obligation debt. That rating remains unchanged.

Mayor Matthew Ryan has said he expected that rating will be raised after the city’s 2011 audit has been completed. The mayor has said the city should be able to provide the additional audit information requested by Moody’s soon.

In Monday’s report, Moody’s again cited delayed audited financial statements as a challenge facing the city of Binghamton.

Ryan has said he and city officials have been keeping in touch with Moody’s representatives in an effort to improve Binghamton’s overall credit rating.

More from WNBF

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wnbf.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on WNBF News Radio 1290 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on WNBF News Radio 1290 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!