Moody's Re-Affirms Southampton Town's Aaa Credit Rating
Moody's, in its investor report dated October 3, 2025, reaffirmed the Town of Southampton's Aaa rating, the highest rating issued by the investment service, and specifically noted particularly the Town's:
- Ample reserves and liquidity
- Manageable debt burden
- Strong fiscal management and conservative budgeting
- Strong local economy
The report follows a presentation to the rating agency by Town Supervisor Maria Moore and Comptroller Dorothy Godlewski on September 24, and marks the tenth consecutive year of this highest achievement for the Town from various credit agencies. The Aaa rating will afford the Town a very favorable interest rate when it goes to the financial markets to fund $12,065,000 in 2025 capital projects.
The Moody's report praised Southampton Town's strong financial position and noted that "conservative budgeting and sound fiscal management has led the town to maintaining very stable reserves and liquidity over the past five years."
Supervisor Moore noted, "Moody's continues to recognize the strong fiscal management and conservative budgeting practices of this administration. I am so proud that the policies and practices put into place over the years by our financial management team, with the support of the Town Board, have enabled us to maintain the highest level of financial achievement."
"We continue to budget and to forecast revenues conservatively. Moody's report confirms the value of these sound financial practices," added Comptroller Dorothy Godlewski.
