A credit rating agency maintains the Aa2 status of Brookfield. Moody's Investor Services also again gave Brookfield a negative outlook. Moody's said in a release that Brookfield is in an adequate but below-average financial position, and has improved financial and accounting controls. But the rating agency says there is a possibility of having to further draw on reserves, making the town's financial position further inconsistent with the existing rating category. Brookfield was downgraded in 2016, after $3.3 million was discovered missing from cash reserves. As the state's fiscal woes continue, Moody's dropped the ratings of several towns, while others went from a stable to negative outlook.