Ratings note town’s economical spending
Thursday July 12, 2012 2:19 PM By Mackenzie Issler
Photo credit: Alexi Knock
The Town of Huntington has upheld its AAA bond rating.
The ratings by Standard amp; Poor’s, Moody’s and Fitch Ratings applyboth tothe town’s $114 million in outstanding debt and to $7.6 million in bonds, mostly for highway projects, the town offered for sale Wednesday,town officials saidin a statement.
The bonds sold at a 2.23 percent interest rate — lower than…