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Troy's bond rating revised

April 20, 2017 08:15 AM

TROY – Troy’s bond rating has improved.

The city’s bond rating has been affirmed as A2. Moody’s Investors Service has improved the city’s outlook from negative to stable.

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Troy Mayor Patrick Madden says Moody’s is recognizing the city’s effort to balance budgets and stabilize the tax base.

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WNYT Staff

Copyright 2017 - WNYT-TV, LLC A Hubbard Broadcasting Company

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