Tag: Moody’s Investors Service

National credit agency praises STL County for strong fiscal management but Councilman Page disagrees

One of the nation’s premier credit rating agencies praised St. Louis County government for budgetary management but a St. Louis County councilman says it’s not all good news. The Standard and Poor’s (S&P) Financial Services LLC report, issued on Nov. 6, commended the County’s government, for its strong budgetary performance, flexibility and “very strong liquidity.” The report noted the County’s cash reserves of over $100 million was more than double the recommended governmental “best practices” […]