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Halfmoon maintains Standard & Poor's AA credit rating

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The town of Halfmoon, after having its credit rating recently downgraded by Moody’s, has maintained a steady rating from another major bond rating agency, Standard and Poor’s. Standard & Poor’s has confirmed the growing Saratoga County town’s established AA bond rating, but has changed the future outlook for the town from “negative” to “stable.” “The outlook revision reflects Standard & Poor’s opinion of the town’s maintenance of very strong reserves in fiscal years 2011 and ...

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