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Somerville earns AAA Bond Rating for fourth consecutive year
Summary by The Somerville Times
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Somerville earns AAA Bond Rating for fourth consecutive year
S&P Global Ratings again affirms city’s strong financial management and stable outlook The City of Somerville has once again earned the highest possible long-term bond rating, AAA, from S&P Global Ratings, marking the fourth consecutive year the city has received the top rating. The AAA rating reflects S&P’s confidence in Somerville’s financial management, long-term planning, and ability to balance strong public investment with fiscal discipline…
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