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Saratoga County official: Budget surplus will rise quickly

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Saratoga County is in the process of improving its financial position and hopes to eventually get its bond rating upgraded again by Moody’s Investor Services, County Administrator Spencer Hellwig said Wednesday. “Our surplus or reserves are expected to improve dramatically over the next couple of years,” Hellwig said. The county administrator spoke a day after Moody’s downgraded the county’s bond rating from Aa1 to Aa2, citing how much money the county had used over the ...

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