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Tag Archives: standard and poors

Standard and Poors Gives Ferndale A+ Rating

All Stories, UncategorizedBy Crystal Proxmire, Editor and PublisherJune 24, 2011

Recent action by Standard and Poors to review the City of Ferndale’s financial position has resulted in their affirming the City’s A+ rating and provided the City with a “stable outlook.” This comes after the recent successful millage vote and at a time when the State has further cut back the statutory revenue sharing and declining property values.

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