Moody's confirms Aa1 bond ratings

 
By NCFD1 District Secretary
February 13, 2026
 

New York, February 13, 2026 -- Moody's Ratings (Moody's) has confirmed New Castle Fire District No.1, NY's Aa1 issuer and general obligation limited tax (GOLT) bond ratings. This action concludes a review for possible downgrade that was initiated on December 9th, 2025, in conjunction with the release of the US Special Purpose Districts methodology. The district has approximately $16.9 million in general obligation debt outstanding as of fiscal 2025.

For the full report click on the attachment.

 
Attachments:
Attachment Rating_Action-Moodys-Ratings-confirms-New-13Feb2026-PR_909563585.pdf  (44k)