05 / 12 / 2017
  - 12:40:22 PM
Franklin Deemed Fiscally Strong
  

By MyFM's Rick Michaels - The Town of Franklin is maintaining its strong Bond Rating at Double-A Plus according to the S & P Global Ratings which has determined the long-term rating on the town’s existing debt revealing the outlook for town is stable moving towards 2020.  The Rating company views the town management as “strong”, with “good” financial policies and practices maintaining a five-year financial report and five-year capital improvement plan, which is updated each year.

Franklin enjoys a very strong economy with the town’s market value growing by four-percent over the past year to four-point-nine Billion dollars in 2017.    The S & P Global Ratings also pointed out the town’s investment in revitalizing the downtown area to foster economic development as another reason Franklin was able to maintain its’ Double-A Plus rating.

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