bond rating

ALBANY, N.Y. (AP) — A major bond rating service has upgraded its view on the future of New York's economy and government from stable to positive and continued to rate the state's $3.5 billion in general obligation bonds at Aa2.

The City of Utica's bond rating has been downgraded by Moody's Investor Service from Baa1 to Baa2, with a negative outlook.  With more than $47 million in outstanding rated debt, the city is characterized as "struggling" by financial advisors.

Utica, NY (WIBX) - The Mohawk Valley Water Authority's revenue bonds are being upgraded from an "A" to "A-plus."