Sentences with phrase «just above junk status»
Town Supervisor Joseph Saladino faces several challenges, including credit ratings at or just above junk status, multimillion - dollar accumulated debt, a 2017 budget that includes an 11.5 percent tax levy increase to help restore the town's financial footing, and an investigation by the Securities and Exchange Commission.
https://www.newsday.com/
Standard and Poor's joined Moody's Investors Service in dropping Rockland County's credit rating level on Friday, June 29, putting the county at just above junk status.