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Brookfield gets coveted AAA S&P rating

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.

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