From the desk of Commissioner Thomas J. Evans
Director of Revenue and Finance
Nutley Township issued Aa2 Rating from Moody's Investors Service
Nutley Township has a very strong credit position, and its Aa2 rating is slightly above the median rating of Aa3 for cities nationwide. Key credit factors include a robust financial position, and an affluent socioeconomic profile with a solid tax base. It also takes into account an exceptionally low debt liability with a sizeable pension burden.