Positive Bond-Rating for DC Government
Staff Writer
2011-02-14
.dmvblogspot.bloggieblog.com .
Mayor Vincent C. Gray, DC Council Chairman Kwame R. Brown and Councilmember and Committee on Finance and Revenue Chair Jack Evans are back today after their annual meeting with Wall Street bond-rating agencies, held yesterday in New York. In discussions with representatives of Standard & Poor’s, Fitch Ratings and Moody’s Investors Service, the three District leaders said they are committed to ensuring that the city’s budget is structurally stable and is balanced with new revenues rather than drawing down the fragile fund balance of reserve funds.
Tags: