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Beacon Falls credit rating jumps to AA+

Beacon Falls credit rating jumps to AA+
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Hamden had more debt per capita than any other CT town in 2019, report says

Hamden had more debt per capita than any other CT town in 2019, report says
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Hamden Memorial Town Hall June 2019Clare Dignan / Hearst Connecticut Media
HAMDEN — At $19,021 per person, Hamden had more debt per capita during the 2019 fiscal year than any other Connecticut municipality, a new state report says.
That’s some $2,500 more than New Haven, the second-most indebted municipality at $16,513 per person, according to the data. The list is part of an annual Municipal Fiscal Indicators report released by the Office of Policy Management.
Scott Jackson, Hamden’s former mayor and current finance director, said historical underfunding of the town’s pension plan is a big contributor to its current debt.

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