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New Hyde Park roadwork bond rating remains stable
Photo credit: Amra Radoncic
The Village of New Hyde Park said its bond rating for bonds acquired last year to fund major roadwork renovations was graded a stable AA by Standard & Poor’s, the credit rating agency.
The agency reaffirmed other bonds the village had taken, also at AA.
“It’s a challenging market; the fact that we retained our AA is very positive,” said Robert Lofaro, deputy mayor.
Over the...
