N.J. avoids credit rating downgrade despite pension, road funding woes

assetContentTRENTON — A Wall Street ratings agency on Monday left New Jersey’s credit rating unchanged though it’s “cautious” on the state’s ability to meet its revenue forecasts this year. Fitch ratings noted that despite the state’s more conservative revenue forecasting in recent years — a departure from years of overly optimistic estimates that left big holes…

Posted: August 16th, 2016 | Author: | Filed under: New Jersey, New Jersey State Budget | Tags: , , , | Comments Off on N.J. avoids credit rating downgrade despite pension, road funding woes

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