Published • loading... • Updated
Glen Cove’s credit rating downgraded over $3M budget gap
Summary by LI Press
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
Glen Cove’s credit rating downgraded over $3M budget gap
Before the Glen Cove City Council approved its $4.9 million public improvement capital bonds, it received a downgraded credit rating, which was the direct result of the city having a deficit of over $3 million in its budget, according to Moody's Ratings. Moody’s, the credit rating agency, said the city had approximately $52 million in debt outstanding as of May 6, and it announced May 12 that the city’s credit rating was downgraded from Baa1 to …
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
