Keyword: Moody's
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Moody’s Investor Services, which gave the city a solid bond rating last year, downgraded the city’s financial status in a scathing report released on Tuesday, following a recent cash-flow … more
In May, City Manager Charles Theofan said that the $83.9 million 2011-12 budget would utilize roughly $1 million of the city’s reserve fund to avert a tax levy increase, reducing the fund’s … more
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