Why exactly then is the idea to reduce monies from the Worcester Self-Insurance Trust, that currently has over 3 months in reserves, that would provide a break to the taxpayers a bad idea???   Seriously can anyone give us one reason??   

 

 

 

 

Moody’s credit ratings
Investment grade
Rating Long-term ratings Short-term ratings
Aaa Rated as the highest quality and lowest credit risk. Prime-1
Best ability to repay short-term debt
Aa1 Rated as high quality and very low credit risk.
Aa2
Aa3
A1 Rated as upper-medium grade and low credit risk.
A2 Prime-1/Prime-2
Best ability or high ability to repay short term debt
A3
Baa1 Rated as medium grade, with some speculative elements and moderate credit risk. Prime-2
High ability to repay short term debt
Baa2 Prime-2/Prime-3
High ability or acceptable ability to repay short term debt
Baa3 Prime-3
Acceptable ability to repay short term debt