Moody's Investors Service

Binghamton Mayor Matthew Ryan says the city's fund balances have risen to a "healthy level." The mayor today discussed portions of an audit that have been made public. The independent review of the city's finances indicated the general fund reserve increased from about $219,000 at the end of 2005 to more than $6...

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...

Audit information being sought from the city of Binghamton by Moody's Investors Service still isn't available. But Mayor Matthew Ryan says he expects it should be ready soon. Binghamton's credit rating took a hit in January when the major ratings service announced a downgrade, criticizing the city for "consistently late financial statements...

Binghamton mayor Matthew Ryan says he initially was "pretty upset" by a major ratings service decision to lower the city's credit rating. Speaking on WNBF Radio's Binghamton Now program, Ryan said Moody's Investors Service used a somewhat different procedure before determining the credit rating...