Dear Editor:
It is to be recognized with pride that the financial investor service firm Moody’s has upgraded Jersey City’s municipal bond rating, citing “the city’s improved financial position with structurally balanced operations and strong prospects for continued tax base growth.”
In this day and age of failing city administrations throughout the country we should take time to recognize Mayor Jerramiah T. Healy and most of the city council for their continued efforts on behalf of the over 250,000 residents of Jersey City. The administration has enacted measures of fiscal restraint and good budgetary planning to achieve this type of rating from negative to positive.
We look forward to working in all areas with the Healy administration for the health, welfare and public safety of our residents noting the hiring of new police officers to patrol our streets.
Keep up the good work, Mr. Mayor and Council.
Sincerely,
Robert B. Knapp