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Smyrna touts AAA Moody’s rating, low debt and $83 million leveraged to fund projects
Town of Smyrna · November 5, 2025
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Summary
Mayor Mary Esther Reed emphasized Smyrna’s AAA Moody’s bond rating, low debt levels and use of outside funding to finance local projects.
Mayor Mary Esther Reed opened Smyrna’s State of the Town address by pointing to the town’s fiscal strength, saying the council’s stewardship earned a AAA Moody’s bond rating in 2023 and that the town carries low overall debt.
"Our credit rating was upgraded to the coveted AAA Moody's bond rating," Reed said, adding that Smyrna is "only one of five municipalities in the entire state"…
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