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Town manager: Bedford retains Moody’s AAA rating; town sells solar-bond under 3 percent
5733232 · July 16, 2025
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Summary
Town Manager Rick Sawyer told the council Bedford retained its Moody’s AAA bond rating and sold the bond for a planned solar array at the transfer station at just under 3 percent. He said Moody’s cited the town’s strong tax base, capital reserves and fund balance.
Town Manager Rick Sawyer reported at the July 16 meeting that Moody’s retained Bedford’s AAA long‑term bond rating and that the town sold the bond for the planned solar array at the transfer station at just under 3 percent interest.
Sawyer said Bedford remains the only municipality…
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