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Local Headlines

Bethel maintains AAA bond rating

Bethel has again earned a AAA rating from Standard and Poor’s, the highest possible bond rating.  A review was conducted last month and Bethel maintained the rank the town has held since 2014.  Standard and Poors said that the town's strong management policies and practices, as well as good budgetary performance with operating surpluses in the general fund, sound fiscal policies and low overall debt load led to the rating.  The review was conducted in conjunction with Bethel's recent $20 million bond sale, the proceeds of which will be used to finance the police station project and upcoming renovations at Rockwell and Johnson schools.  The rating will allow the town to obtain lower interest rates.