Article: STANDARD AND POOR'S AFFIRMS ULSTER COUNTY'S FAVORABLE LONG TERM BOND RATING

KINGSTON, N.Y., Oct. 28 -- Ulster County issued the following press release:

Ulster County Executive Mike Hein is pleased to announce that Standard and Poor's has affirmed Ulster County's favorable, AA- long-term rating. In reaffirming the County's rating, Standard and Poor's cited Ulster County's continued solid financial position and strong fund balance levels, despite decreases in tax revenues, along with the County's low overall debt profile and manageable capital plan. Standard and Poor's rating follows a similar positive rating made by Moody's Investor's Services in June of this year.

County Executive Hein said, "The investment community has recognized that we are making the tough ...

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