In its “Weekly Credit Outlook” (page 8), Moody’s, one of the big three bond rating agencies, says “the combined measures would be credit negative for local governments, which would face more difficulty balancing their budgets.”
Read more: http://marylandreporter.com/2012/04/17/moodys-says-budget-cuts-school-aid-mandate-could-lead-to-downgrade-of-local-bonds/#ixzz1sRd4Xjzi
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http://marylandassociationofcounties.files.wordpress.com/2012/04/weekly-credit-outlook-public-finance-april-17-2012.pdf
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
The beginnig of the end brought to you by O'Malley and tribe
ReplyDeleteThanks Norm Conway. Let us not forget who sponsored the MOE bill this session.
ReplyDeleteThat bid for the big job in dc is not looking good.
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