Wednesday, June 24, 2009

Fitchburg's Bond Rating Improves

This is actually pretty important news, but holy crap is it boring.
The Standard & Poor's bond rating agency increased Fitchburg's bond rating, Mayor Lisa Wong's office announced Tuesday.

Wong credited conservative budget practices, including increasing the stabilization fund and negotiating lower health care costs, with the improvement.

The bond rating was BBB minus with a negative outlook.

S & P officials upgraded the bond rating to BBB plus with a stable outlook, Wong's office announced.

Yay! Good news!

This is also news that is pretty much impossible to say anything funny or interesting about, so you're just going to have to make do with that picture of Timothy Dalton. We're nowhere near Connery level yet, but at least things are moving in the right direction.