S&P Global Ratings assigned its “AAA” rating and stable outlook to Montgomery Township’s $15 million proposed borrowing. These funds will be used to complete the projects and expenditures outlined for the next five years in the Township’s Capital Investment Plan, which can be found here.
Their rating of the township reflects their view of:
“In our opinion, the township’s proactive management team will make the necessary adjustments to ensure Montgomery Township’s finances remain structurally stable despite the additional debt and other growing costs.”
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See also:
Montgomery Township Swears In Two Police Officer Recruits
Montgomery Township Police Receive Distinction as Premier Accredited Law Enforcement Agency
Montgomery Township to Host First Ever ‘Battle of the Badges’ Blood Drive
Montgomery Township Wins First Place in PSATS Citizen Communication Contest
Montgomery Township To Hold Electronic Recycling Event And Arbor Day Tree Giveaway On Saturday
