One of Wall Street's premiere bond rating agencies has upgraded Buffalo's bond rating to A1.
City Comptroller Mark Schroeder says Moody's decision follows a complimentary report it wrote about Buffalo's diversifying economy and a meeting he and top financial officials in the Brown Administration and City School District had with the "big three" bond ratings agencies in New York City a month ago.
Schroeder told WBFO News he thinks the upgrade reflects Moody's view that Buffalo is finally ready to "move forward."
