I am pleased to share that the Town received its financial review by Standard and Poor and it is a solid AA rating. Our Town is fiscally strong. The official letter had several bullet points that I quote here:
– Strong budgetary performance
– Very strong budgetary flexibility
– Very strong liquidity
– Strong debt-and-contingent-liability position
– Strong institutional framework score
Your town board and I are proud of this record, achieving an AA rating two years in a row. Thank you all for your support.