AVALON RANKS HIGH WITH BEST BOND RATING

Avalon joined elite company. The Borough of Avalon has achieved Standard & Poor’s Bond Rating Services’ highest bond rating offered to municipal governments.  Avalon learned this month that Standard & Poor’s upgraded Avalon’s bond rating again, this time to the benchmark of bond ratings, “AAA”.  Avalon is the only shore community in New Jersey to achieve this bond rating and is one of only 20 communities in the entire State of New Jersey with an “AAA” bond rating.