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Newtown bond rating

  • New Rating Saves Taxpayers $700,000 On Latest Bond Issue

    How much is Newtown’s latest bond rating increase worth to taxpayers? According to finance officials, almost a three quarters of a million dollars.

    Finance Director Robert Tait is touting the rock bottom 2.71 percent interest rate Newtown received March 12 on that bond sale as proof that seeking and achieving a AAA bond rating upgrade pays off.