Nutley Township issued Aa2 Rating from Moody's Investors Service
Published on October 21, 2016
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.
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