Rep. Hall Statement on Potential Downgrade of Enfield Credit Rating

Posted on October 17, 2017



EnfieldRepresentative Carol Hall (R-59) responded to news that Enfield might face a credit downgrade from Moody’s Investor Service as a result of the ongoing state budget crisis.

In a report by Moody’s Investor Service, Moody’s said they would look closely at the “ongoing vulnerability to changes in state funding and individual local governments’ long term capacity to make up for possible declines in state support with local resources.”

“I am very disappointed to hear about the potential downgrade