Brookfield's bond rating has been upgraded by Standard & Poor's. The AAA rating is the highest possible. There are only 15 towns in the state with that rating, including some in the Greater Danbury area.
Standard & Poor's said part of why they upgraded the rating was because of strong budgetary flexibility with 9-percent of general fund expenditures reserved. The rating agency saud the stable outlook is because of consistent financial performance underlying economy.
Moody's also held Brookfield's rating steady.