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State Treasurer Shawn Wooden said the news “makes it clear that the smart fiscal policies we’ve practiced over the past few years are working and that we must stay the course.”
“The next step is to continue building a stable foundation for future growth and financial sustainability as we emerge from the Covid crisis," said State Treasurer Shawn Wooden.
Armed with positive remarks by several credit rating agencies and data from a National Association of State Budget Officers survey, the governor said the work done during his first year in office "is showing results, and Wall Street is taking notice."
The credit rating agencies, investors, businesses around the globe, and our taxpayers are watching what we do and have responded positively – so far," the governor said.
The city sought the ratings in advance of a $35 million bond sale planned for July 18.