S&P explains why town’s bond rating went from AA to AA-
Wednesday, September 24, 2014 • The Hammonton Gazette • Page 3
COUNCIL, from Page 1
state had as many as eight … so
Hammonton is being affected by
our state, county and Atlantic
City,” DiDonato said.
According to DiDonato, despite
the town’s effort to make an argument for the town’s bond rating, it
received a AA- rating.
“We tried to make a great argument for our rating, our bond rat-
ing which we work so hard for, but
because of the weakness of the
state and the county Hammonton
is going to have a AA-,” DiDonato
said.
DiDonato also stated publicly
that he feels Hammonton should
be invited to the economic summits held in Atlantic City as the
town deserves a say if they are
going to be impacted by the weak-
nesses in those areas.
“i know in the pas