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Dutchess County’s Enviable Aa1 Bond Rating Reaffirmed by Moody’s Investors Services - County Executive Press Release 11/29/2011

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Poughkeepsie… Dutchess County Executive William R. Steinhaus announced today that Moody’s Investors Service has reaffirmed Dutchess County government’s Aa1 bond rating.   Moody’s issued the bond rating as the County prepares to issue new bonds to fund various capital improvement projects including road and bridge improvements, energy efficiencies, building renovations and replacement vehicles.  The County will be also be refinancing prior capital improvement project bonds which will provide a net present value savings of more than $385,000 for county property taxpayers.

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