Contact Us

Broome County Government Credit Rating Improves

A major credit rating agency has given Broome County government’s financial situation a vote of confidence.

Standard & Poor’s has raised the county’s long-term credit rating from “A” to “A+.”

Bob Joseph/WNBF News [file]
County Executive Debra Preston said the improved rating will be helpful when the county borrows money in the future.

Preston said the credit rating agency recognized the county’s efforts to reduce operating debt.

Preston said if the county had not made “drastic changes,” its credit rating would have been lowered. She said she’d made good on her promise to improve the county’s financial situation.

The county executive noted another rating agency, Moody’s Investors Service, earlier this year had upgraded the county’s credit rating.

The improved credit ratings should result in lower borrowing costs in the future.

Best of WNBF

Recommended For You

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 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 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 just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://wnbf.com using your original account information.

*Please note that your 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.

(Forgot your password?)

Not a member? Sign up here

Sign up for News-Breakers Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive News-Breakers Club contests, events, coupons, presales, and much more delivered to you for FREE.