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Moody's Rating Agency Report January 2015 Issued Cautionary Notes for New Castle County Government

Whoa, New Castle County Government....Based on County budget documents, additional borrowings of $120 Million will occur by the end of FY 2020....only a few years away.  Moody’s Investor Services in January 2015 advised the County that a “Substantial increase in debt burden” could make the RATING GO DOWN! (Click the link to view the 2015 Moody's Investor Services Report with Highlighted Cautionary Notes)

/images/43900/NCC2016_2015Moody rating pdf - Adobe Reader.pdf

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Karen Hartley-Nagle
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