fiscal management

Atlantic City Mayor Marty Small Sr. announces Moody's upgrade
Jan 7, 2026

Moody’s raises Atlantic City investment-grade credit rating

The agency restored AC's credit rating to investment grade – for the first time in more than a decade – citing strong reserves, reduced debt and years of fiscal stabilization.

New Jersey flag with transparent dollars
Oct 9, 2025

NJ credit outlook upgraded to positive by KBRA

Kroll Bond Rating Agency cited pension reductions, conservative budgeting and strong fiscal management under the Murphy administration in its announcement.