Management Val-d’Oise: the department keeps its rating of “AA-” – Le Parisien

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The specialized agency Fitch Ratings has confirmed the rating of “AA minus” of the General Council of Val-d’Oise, with stable outlook, together with a note Short term F1 more, also maintained. This rating puts the department in the category of “high credit quality” for the long-term rating and “highest credit quality” in the short term. “This confirms the ability of the department to deal with massive cuts state grants,” said Will we in the office of the presidency (note: € 120 million less in 2015).
                         
                 
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Fitch Ratings, notes the department of Val-d’Oise “reflect the strong performance of its financial performance , its high debt, its strong economy and its governance quality. ” In three years, from 2011 to 2014, the new right-wing majority of the department would save € 50 million, increased property taxes, decreased staffing municipalities and investment in road work to earn his high rating.