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MCCC Bond Rating Lowered

Moody’s Investor Service has lowered its bond rating for Montgomery County Community College.

The Wall Street rating firm cites falling enrollments and a drop in state and county funding.

The downgrade from Aa2 to Aa3 means the college will probably have to pay higher interest rates on future debt.  It plans to borrow an additional $34 million in the next year.

After several years of growth, full-time equivalent student enrollment declined by more than two percent in the fall of 2011 and nearly six percent last fall.

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Community and Rec. Center Coming To Montgomery Twp. Townships Supervisors awarded 9.4 million dollars to contractors to build the new community and rec. center at Stump and Horsham roads across from the Municipal building.
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Towamencin Man Accused of Molesting Teen Faces Trial A Towamencin man accused of molesting a 13-year-old girl waives his preliminary hearing and now will stand trial for numerous incidents of molestation, according to the victim and the suspect’s wife.
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Casey: Russia Still Behind Unrest in Ukraine The friction between pro-Russian supporters and people loyal to the government of Ukraine is at a boiling point.
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McCord Looks For Big Numbers Through Grass Roots Strategy The race for governor in Pennsylvania is heating up with State Treasurer, Rob McCord claiming that a strong grass roots strategy will get him elected.
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Child Protection Bill Passes in State House and Senate State Rep Todd Stephens says, House Bill 436, which passed in the house and senate, fulfills the recommendations of the Task Force on Child Protection.
WNPV AM 1440
Assisted Living Facility May Be Coming to Towamencin Twp. A 110-room assisted living community could be in the works for Towamencin.

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