Positive Financial Assessment Not Enough To Boost Harwich Bond Rating
By: William F. Galvin
HARWICH — The town has received a favorable financial assessment from Standard and Poor's on its ability to borrow general obligation and bond anticipation notes, but the strong financial standing was not enough to push the town's rating to AAA. The S&P Global Rating concluded that the town's long-term rating will remain at AA-plus, due primarily to pension liabilities. Selectmen on Monday night voted t...