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Greenburgh Holds On To AAA Bond Rating

GREENBURGH, N.Y. -- Greenburgh Town Supervisor Paul Feiner recently announced both Standard & Poor's and Moody's reaffirmed the town's AAA rating.

Greenburgh Town Supervisor Paul Feiner

Greenburgh Town Supervisor Paul Feiner

 Photo Credit: Courtesy: Judith Ebenstein
Joe Jenkins

Only one percent of governments in the United States have a AAA bond rating, the highest possible, from both bond rating agencies. 

Having the highest bond rating possible means the town can borrow at reduced costs, which saves tax payers money, Feiner said. 

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