Following an upgrade earlier this year, Moody’s Investors Services has confirmed New Rochelle’s Aa2 bond rating.  According to Moody’s, the sustained rating “reflects the City’s multi-year trend of operational surpluses and healthy financial position, along with maintenance of a stable tax base and moderate pension costs and debt burden.”

It’s good news for taxpayers, who will save on interest costs as New Rochelle implements our 10-year capital plan.  Read more here.