Please be sure to vote in today’s important School and Library election. The polls are open from 7:00am to 9:00pm. In addition to the School and Library budgets, voters will choose two candidates for the School and Library Boards. If you don’t know your polling place, you can find it here.
The quality and reputation of our Schools and Library are vitally important to all of New Rochelle, so please be certain to participate, and please remind your family and friends to vote, too.
In case you missed the hard copy in your mailbox, here’s New Rochelle’s Spring newsletter, filled with updates on local initiatives, helpful tips, and information about municipal services. Thank you to the City’s Marketing & Communications team for putting the newsletter together.
My remarks highlighted our community’s significant and exciting progress on a range of economic, environmental, and social priorities, while also acknowledging persistent challenges that require our continued attention and focus. The State of our City is the strongest it has been in my lifetime, but it can be stronger still. Please read the whole speech by downloading the text as a PDF or by copying this address into your browser:
Moody’s has confirmed New Rochelle’s strong Aa2 bond rating, a welcome validation of our fiscal health and management. Here’s the full press release from City Hall:
Moody’s Investors Services has confirmed the existing rating of Aa2 to the City’s upcoming $8.6 million bond issue. This designation maintains the credit worthiness of the City’s debt and means that the City will enjoy lower interest costs on general obligation bonds that may be issued in the future.
City Manager Charles Strome said, “This is good news for the taxpayers of New Rochelle and evidence of the City’s sound financial management. We will continue working to strengthen our local economy and tax base, even as we seek efficiency in local government.”
In confirming the Aa2 rating, Moody’s noted the City’s stable financial operations, healthy reserve levels, sizable tax base, average wealth indices and manageable burden.
Moody’s Investors Services is one of the world’s leading providers of independent credit ratings, research, risk analysis and financial information to the investment community. Bonds rated as Aa comprise what is commonly known as high grade bonds with minimal long term risk concerns.
Please watch my half-hour interview with Tamar Tait of the League of Women Voters. We talked about New Rochelle’s history, our downtown plans, infrastructure investments, the public school system, the new State Senate majority, and much more. A good conversation about our community’s past, present, and future. If you find the conversation informative, please also share the link with friends.