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The original item was published from 3/4/2013 11:11:02 AM to 3/19/2013 12:05:01 AM.

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Posted on: March 4, 2013

[ARCHIVED] Howell Township Bond rating upgraded by Standard & Poor's

Press Release

Howell Township Bond rating upgraded by Standard & Poor's

We are pleased to announce, Howell Township has received a bond rating upgrade from Standard & Poor’s Rating Service from A-1 with a negative outlook to AA- with a stable outlook.

In this continued economic downturn climate, where many municipalities in New Jersey are still receiving downgrades, this news is proof positive that Howell Township’s commitment of being fiscally responsible and our conservative approach is moving us in the right direction.

Although times are still tough, the road ahead looks promising. We affirm our commitment to stringent fiscal oversight and managing taxpayers monies in the most efficient and effective way possible. This approach transforms to saving thousands of dollars in financing costs for capital improvements for our taxpayers.

We commend our administration and managing team for their dedication and commitment to exemplary fiscal and operational management while understanding the challenging decisions we must all make. We also thank our community for coming together and supporting our initiatives to make it possible to help reduce the cost of the high quality of services we in Howell have come to enjoy.

For more information please contact Mrs. Helene Schlegel, Township Manager,

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