Fall River bond rating sees record upgrade - ABC6 - Providence, RI and New Bedford, MA News, Weather

Fall River bond rating sees record upgrade

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Dee DeQuattro

ddequattro@abc6.com

The Mayor of Fall River says the city is making a record-breaking economic recovery..

The city's bond rating has been upgraded two levels from a triple B to an A minus rating… Mayor Flanagan says a double level increase is virtually unheard of… and it is evidence that Fall River is on its way to be come fiscally solvent.

Flanagan says he expects the upgraded rating to boost business and economic development in the city.

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