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VILLAGE OF

NEW HYDE PARK

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FOR IMMEDIATE RELEASE:

S & P Upgrades Rating for the Village of New Hyde Park

New Hyde Park, NY – April 14, 2014 – Standard & Poor’s Rating Services has upgrade the Village’s General Obligation Rating from AA to AA+ while affirming the stable outlook. 

S & P stated "the rating reflects our assessment of the Village’s strong budgetary flexibility, strong budgetary performance, very strong liquidity, very strong debt and contingent liability, and strong institutional framework."

"The Village Board along with our Treasury staff work very hard to ensure our finances are very well managed to provide our resident’s and taxpayers a level of comfort that the administrators of their taxes are managing their funds effectively”, said Mayor Robert Lofaro

A double A rating is defined by S&P as having a very strong capacity to meet financial commitments.

Contact: Cathryn Hillmann
Kate@vnhp.org
Village of New Hyde Park

1420 Jericho Turnpike

New Hyde Park, NY 11040

516-354-0022

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Past Newsletters

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Winter2014

 

 

 

SPRING 2012 

Winter2012

FALL 2011

SPRING/SUMMER 2011

SPRING/SUMMER 2010

 

WINTER 2010

 FALL 2009

SPRING/SUMMER 2009

  

 WINTER 2009

FALL 2008

SPRING/SUMMER 2008

WINTER 2008

FALL 2007

SPRING/SUMMER 2007

WINTER 2007

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Last modified: April 15, 2014