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Montgomery County Working To Change Image With Moody’s

Montgomery County’s recently received a negative financial rating from Moody’s.  The County’s Chief Financial Officer, Uri Monson says, the rating is evidence of the previous administration’s problems with finances.

“In Moody’s own words, they pointed out that the fund balance in 2008 was nearly a hundred million dollars. When we came in it was 24 million. The year before we came in, 2011, just for that year the county spent 27 million dollars more than it brought in. Last year we got that down to just under 7 million.”

But Monson adds, Moody’s says the county need to make further improvements. The county recently made its first pension payment in five years. Moody’s viewed the move as a positive start in gaining more confidence in financial circles

Travis Wetzel Would love to perform on Echos of an Era again ! The Travis Wetzel Duo is doing a music program at The Lansdale Train Station Sept. 17th 12noon-1:15pm Please spread the word Travis Wetzel Music
WNPV AM 1440 Have you caught Jeff Nolan's high school football previews in the morning? WNPV's high school football schedule begins this Friday night when LaSalle College comes to North Penn starting at 7:30 PM.
WNPV AM 1440 Do you have legal questions? Jot them down and then call WNPV tomorrow between 11:10 and noon when Liam Duffy and Andy Levin from Rubin, Glickman, Steinberg and Gifford will provide free legal answers on "Legally Speaking" right here on 1440 AM! Call 215-855-8211 or 800-355-9678 between 11:10 and 12 noon tomorrow.

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