YONKERS, NY — July 5, 2019 — Narrow reserves drove the City of Yonkers’ bond rating to be downgraded despite recent momentum attracting new residents through transit-oriented development. Moody’s Investors Service revised its credit outlook for Yonkers’ A2-rated debt from STABLE to NEGATIVE on Tuesday, July 3, 2019, citing a weak fund balance and liquidity levels. Yonkers is also facing …
By BRIAN HARROD
Shawyn Patterson-Howard On Westchester County Executive George Latimer’s State of the County Address and Her Promise to Collaborate with County Government to Resuscitate Memorial Field
MOUNT VERNON, NY — April 13, 2019 — On April 11, 2019, County Executive George Latimer held his State of the County address which touched on many issues that directly impact the City of Mount Vernon. One of the issues discussed was the revitalization of Memorial Field. State legislators have withheld funds earmarked for this project, stating that the funds …
Yonkers Delegation: Final Budget Increases Aid to Education for Yonkers Schools
Avoids Funding Cuts to Yonkers Albany The Yonkers State Legislative delegation announced that the final state budget agreement avoids drastic cuts to the Yonkers Public Schools and the City of Yonkers which were originally proposed in the Executive budget. Working together, Senators Andrea Stewart-Cousins and Jeff Klein along with Assemblymen Mike Spano, J. Gary Pretlow and Richard Brodsky were successful …