S&P Lowers Fitchburg's Credit Rating to 'A-'

FITCHBURG — S&P Global Ratings has lowered Fitchburg's state public underlying rating to "A-," the agency said in a notice posted Monday, Aug. 3. The city also posted an update on downtown infrastructure work tied to its InTown Fitchburg initiative.

TOWN HALL The city posted a News Flash notice on downtown infrastructure updates connected to its InTown Fitchburg initiative, according to the city's website. No further detail was included with the notice.

ELSEWHERE IN THE NEWS "Fitchburg, MA's SPUR Lowered to 'A-' Due to Its W": S&P Global Ratings downgraded the city's state public underlying rating to "A-" in a ratings action posted Monday; the notice available to Townbrief did not spell out the reasoning behind the move. (read it at https://www.spglobal.com/ratings/en/regulatory/article/-/view/sourceId/2308639)

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.