City maintains strong bond rating

posted on October 27, 2015

The City of Milford has received positive feedback on its financial management and affirmation of high bond ratings from the three premier rating agencies, according to a press release from the mayor’s office Tuesday.

Fitch Ratings, Moody’s Investors Service, and Standard & Poor’s Rating Services described Milford’s finances as stable, prudent, and healthy, Mayor Benjamin G. Blake reported.

Blake said he received reports this week that continue to confirm the ratings of recent years. “We will continue to make conservative, prudent, common sense fiscal management our number one priority. But we will not rest – the city will look to continually improve every day,” Blake said.

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via Milford Mirror October 27, 2015

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