S&P cites New Bedford’s ‘very strong management’ in affirming City’s Bond Rating

“NEW BEDFORD – A leading credit rating agency has affirmed the City’s credit rating, pointing to New Bedford’s effective leadership and strong economic prospects. Standard & Poor’s recently awarded New Bedford a AA+/Stable long term enhanced rating and affirmed its AA-/Stable underlying rating, giving the City high marks for financial …

Read More »

Governor Healey bill would allow increased taxes for food, hotels and vehicles in New Bedford, Fall River and other Massachusetts communities

Massachusetts Governor Maura Healey filed a bill on Monday that would allow cities and towns to increase taxes on meals, lodging, and vehicles. Per “The bill gives municipalities the option to increase their hotel, motel, and other rental tax from 6% to 7% (or half a percentage higher for …

Read More »
Translate »