Broome County Credit Rating Improves

Published 04/09 2014 04:26PM

Updated 04/09 2014 05:24PM

Standard and Poor's has increased Broome County's credit rating from A to A+.

Broome County Executive Debbie Preston says the credit agency recognized the county's efforts to limit spending and to become more financially responsible.

Preston also says S&P credits Broome for identifying more than $4 million in annual savings, which has led to a boost in the county's fund balance.

Earlier this year, Moody's upgraded the county's credit rating, as well.

Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


.