Saturday, June 15, 2024
66.1 F
Beaver
Saturday, June 15, 2024
66.1 F
Beaver

Beaver County Taxpayers Lose $1.2 Million As A Result Of Downgraded Credit Rating Due To Budget Woes

Beaver County taxpayers lost out on approximately $1.2 million in potential savings during a recent bond refinancing because the county’s credit rating had been downgraded, according to county officials. County Commissioners refinanced $64.8 million in bonds this week as a cost savings measure to help balance the county’s budget. Although the refinancing will reduce required…

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John Paul
John Paul
John Paul is an award-winning investigative journalist and founder of BeaverCountian.com. He reports full time for the site with a focus on public watchdog journalism.

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