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Finance

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Posted on: February 15, 2019

Moody's Maintains Aa2 Rating on City's Bonds

 MOODY’S MAINTAINS AA2 RATING ON CITY’S BONDS

Moody’s Investors Services has confirmed the existing rating of Aa2 to the City’s upcoming $8.6 million bond issue.  This designation maintains the cred...

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Finance
Posted on: December 17, 2018

City Manager Strome Appoints Mark Zulli as Finance Commissioner

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City Manager Chuck Strome today announced the appointment of Mark Zulli as Finance Commissioner. Mr. Zulli has served in the City’s Finance Department as Deputy Commissioner for over 25 years and since October has served as the Interim Finance Commissione...

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Finance
Posted on: November 9, 2018

2019 Proposed Budget Released

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New Rochelle City Manager Charles Strome III today released his proposed budget for Fiscal Year 2019.  The $199.6 million budget preserves and enhances essential services and reflects a continued investment in the City’s infrastructure....

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Proposed Budget 2019 Finance
Posted on: September 20, 2018

Moody’s Confirms New Rochelle Bond Rating as Aa2

Moody’s Investors Services confirmed the City of New Rochelle’s strong bond rating at Aa2, insuring that the City can continue to take advantage of historically low financing rates. With New Rochelle’s 10-year capital improve...

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Finance
Posted on: September 13, 2018

Finance Department Receives Distinguished Budget Presentation Award for 2018 Budget

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The Government Finance Officers Association (GFOA) has awarded the City of New Rochelle Department of Finance the Distinguished Budget Presentation Award for its fiscal year 2018 budget. This is the highest form of recognition in governmental bu...

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Finance