Moody’s Investor Services announced an upgrade of Fishkill’s credit rating to Aa2 from A1 providing big savings for taxpayers! Fishkill can improve roads, protect water infrastructure and modernize services while protecting taxpayers because higher ratings translate to lower costs!
Moody’s said that the Town’s financial position has improved through successive operational surpluses driven by careful expense management and conservative budgeting. Over the past five fiscal years, the town has strengthened its reserves and made capital and infrastructure improvements its focus going forward.
Moody’s has now upgraded Fishkill seven levels since 2013. I promised to work to restore the Town to fiscal accountability and strength.
Over the past eight years, we kept a clear focus on balanced budgets, smart spending and long-term capital planning. The upgrade has the effect of freeing tax dollars for other needs that would otherwise be spent on debt service.
Proven Leadership – A better Fishkill.