WNBF 1290 AM » Moody’s Investors Service

Binghamton Short-Term Debt Rating Upgraded

Bob Joseph — Mon, 22 Apr 2013 19:01:32 +0000

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

Ryan: Binghamton Audit Not Ready Yet

Bob Joseph — Thu, 04 Apr 2013 19:56:00 +0000

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

Ryan: Binghamton Working to Provide More Info to Rating Agency

Bob Joseph — Thu, 31 Jan 2013 20:55:15 +0000

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.

The mayor sa