HEAT ALERT

Heat advisory issued for Connecticut through 9 p.m. Wednesday.

Bridgeport receives A+ bond rating for first time in city’s history

Mayor Joe Ganim announced the city received an A+ bond rating for the first time ever.

News 12 Staff

Aug 13, 2022, 2:17 AM

Updated 703 days ago

Share:

The city of Bridgeport received some encouraging news for its economic health on Friday.
Mayor Joe Ganim announced the city received an A+ bond rating for the first time ever.
“When you have the most conservative analysts on Wall Street give you an A+ rating on our bonds, it means millions of dollars of savings for the residents of the city of Bridgeport,” he said. “It's a good day for the city."
The city uses bonds to pay for major projects, like infrastructure, that are financed over time.


More from News 12