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Town gets good grades from Moody's

February 1, 2012

EAST GREENWICH — Even in a difficult budget year, East Greenwich is still feeling the love from Moody's.

The investment analyst, reporting on the town's recent issuance of $39 million in revenue bonds for the construction of Cole Middle School, reaffirmed the town's bond rating of AA1, just one notch below its highest rating of AAA.

The town also boosts an AA+, also the second-highest rating, from Standard & Poor's.

For more on the story, check out the Feb. 2 edition of the East Greenwich Pendulum.

Source 
Southern Rhode Island Newspapers
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