PLEASANTVILLE, N.Y. -- Moody's Investors Service has assigned a Aa2 rating to Pleasantville's $2.2 million public improvement (serial) bonds, 2015.
Concurrently, Moody's has affirmed the Aa2 rating on the village's outstanding long-term parity debt. After the sale, the village will have $7.7 million in rated general obligation limited tax debt.
An Aa2 rating by Moody's means the bonds are seen as high-quality and a very low credit risk.
The Aa2 rating reflects the village's strong financial position and above-average wealth indices. The rating also reflects the moderately sized tax base.
Click here to sign up for Daily Voice's free daily emails and news alerts.