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>Moody’s Investors Service cuts Westfield Bond-Rating

>Moody’s Investors Service cuts Westfield Bond-Rating

New Jersey Property Tax Cap Prompts Moody’s Bond-Rating Cut for Westfield

Westfield, a New Jersey suburb where the median family income is more than twice the U.S. average, had its debt rating reduced by Moody’s Investors Service, which cited concerns about the town’s ability to balance its budgets. (Servetah, Bloomberg)

https://www.bloomberg.com/news/2010-08-31/new-jersey-town-of-westfield-has-its-rating-reduced-amid-christie-tax-caps.html

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