S&P revises Rockland County, N.Y. outlook to stable
Sept 12 (Reuters) - Standard & Poor's Ratings Services late on Wednesday revised Rockland County, New York's outlook to stable from negative and affirmed its BBB-minus general obligation bond rating.
The stable outlook reflects approved state legislature in May permitting the county to sell long-term deficit reduction bonds. It also includes settlements with some major labor unions which should help the county in future budgets, the rating agency said in a statement.
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