Ratings Agency...

Ratings Agency Scrutinizes Municipal Debt

Full and original article posted on Worcester Business Journal

Moody’s move puts local communities on notice

Ratings agencies say they are closely watching the credit-worthiness of cities and towns across Massachusetts and other states after a recent historic downgrade of the U.S. government’s credit rating.

Moody’s Investors Service recently assigned a negative outlook to a dozen top-rated Massachusetts communities, including the Central Massachusetts towns of Acton and Wayland. And it might not stop there.

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