
Westchester County Executive Ken Jenkins
Moody’s Revises Westchester County’s Outlook to Positive, Affirms Aa1 Rating
Moody’s Investors Service (Moody’s) has upgraded Westchester County’s financial outlook from stable to positive while affirming its strong Aa1 issuer and debt ratings. The outlook change reflects the County’s strengthened financial position and its commitment to maintaining fiscal responsibility and structural balance.
Westchester County Executive Ken Jenkins said: “This recognition by Moody’s is a testament to our administration’s commitment to fiscal responsibility, economic growth, and serving the residents of Westchester County. The positive outlook positions us well for continued investment in our communities while maintaining our financial strength.”
Earlier this week the County earned a AAA bond rating from S&P Global Ratings while Fitch Ratings previously reaffirmed the County’s AAA bond rating, demonstrating the County’s fiscal responsibility and financial strength. The revision to a positive outlook reflects Moody’s confidence in Westchester County’s financial stability, prudent fiscal management, strong local economy, and sound financial practices and was supported by the County’s fund balance.