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Rating agency upgrades Saratoga County's credit outlook to stable

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Standard and Poor’s Rating Services has given an upward revision to Saratoga County’s bond rating. The rating agency affirmed the county’s “AA” rating and shifted its outlook for the county’s future credit from “negative” to “stable.” The change reflects that the county in 2013 reversed a multiyear trend of drawing down its financial reserves, and added to the reserves for the first time in several years. “The county should be able to maintain its improved ...

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