Stability, Security and Steady Town Management Approach

BRANFORD AAA RATING FACTS:

  • The robust local economy, with access to broad and diverse metropolitan areas

  • Effective town leadership, with substantial financial policies and practices under the Financial Management Assessment (MSA) methodology

  • Budgetary flexibility, with an available fund balance of 25% of operating expenditures

  • Very strong liquidity, with total government available cash at 44.3% of total governmental fund expenditures

  • Exemplary budgetary performance with balanced operating results in the general fund

  • Strong debt and contingent liability position, with debt service carrying charges at 6.4% of expenditures and 66.5% net direct debt of total governmental fund revenue, and low overall net debt, at less than 3% of market value

5 REASONS TO DO BUSINESS IN BRANFORD, CT

  1. Strategic Location – Centrally located along the I-95 corridor between New York and Boston, two of the Northeast’s largest cities.
     

  2. ​Highly-Skilled, Educated, and Productive Workforce – Connecticut has the 6th most productive economy.  Connecticut is also home to 40 leading colleges and universities. Branford’s talented workforce keeps employers globally competitive.
     

  3. Infrastructure to Support Business Growth – Availability of public water, sewer, and natural gas.
     

  4. Passion for Innovation – Expanding into bioscience, advanced manufacturing, insurance, and financial services, green technology, and digital media.
     

  5. With a history of financial stability - Branford has a AAA bond rating, and low taxes, which helps ensure businesses have access to a variety of resources, programs, and services to stimulate their continued success.

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