Moody's Aaa Rating January 2023

In anticipation of of the Village's upcoming Bond Anticipation notes (BANs) sale, Treasurer Irene Woo held a ratings call with Moody's Investor Service, Inc. On January 25, Moody's again issued the Aaa rating with a stable outlook, citing in their credit opinion the Village's strengths, including conservative fiscal management, healthy reserves and liquidity. 

The Village will be issuing $46,778,000 in BANs for the six Water Well Treatment projects. These are one year notes and once the New York State grants are received (totaling $25,670,098), the Village will issue long-term bonds of the difference.