Polis Real Estate

Moody’s praises Lower Merion’s credit position. In late December, Moody’s Investors Service issued an annual comment on the state of Lower Merion Township’s credit position and called it extremely strong. The township will maintain its rating of triple-A, the highest possible score. Analysts for Moody’s noted that the triple-A rating far exceeds the median rating of U.S. cities and notable credit factors include a robust wealth and income profile, an extensive tax base, ...and a strong financial position. The company also reported that the median family income for Lower Merion residents is more than 243% of the nationwide median, and the full value of Lower Merion’s tax base is significantly larger than the nationwide median. The triple-A bond rating results in the lowest possible cost of bond issuance for the township Main Line Times; 1/21/2020. See more