HACKENSACK, N.J., Sept. 18 -- Bergen County issued the following press release:
Bergen County Executive James J. Tedesco, III and the Board of County Commissioners are proud to announce that Moody's Ratings has once again reaffirmed Bergen County's prestigious Aaa credit rating, the highest rating awarded by the agency, citing the County's growing economy, strengthening financial position, and solid financial management.
In its latest rating action issued September 14, Moody's assigned an Aaa rating to $56.3 million in Bergen County Improvement Authority County Guaranteed Governmental Loan Revenue Bonds and a MIG 1 rating, Moody's highest short-term municipal rating, to $111 million in County Guaranteed Governmental Pooled Loan Project No...