City’s strong credit helps in public safety building financing

MELROSE — The city of Melrose’s bond rating agency, Standard & Poor’s (S&P), has once again affirmed Melrose’s AA+ bond rating. AA+ is the second-highest bond rating available to a municipality (ranking only below AAA).

The rating agency cited the city’s strong management, history of strong financial operations, robust local economy, and improved tax levy…

 

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