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Standard & Poor’s Reaffirms Hoboken’s AA+ Credit Rating

Hoboken Moody's AA + rating Standard & Poor’s Global Ratings recently reaffirmed Hoboken’s AA+ bond credit rating, the second highest rating it issues. S&P noted Hoboken’s “very strong economy,” “strong budgetary performance,” “very strong budgetary flexibility,” “conservative approach to financial management” and “prudent financial management practices” which “continue to result in increased reserves each year.”

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