Press Releases

Moody's Upgrades Chatham Township's GO to Aaa; Assigns Stable Outlook


NEW YORK - Moody's Investors Service has upgraded Chatham Township'S outstanding general obligation rating to Aaa from Aa1. This rating action affects approximately $5.8 million in rated debt. Concurrently, Moody's has assigned a stable outlook.

The Aaa rating reflects the township's sizable and affluent tax base located within commuting distance of the New York City (Aa2 stable) metropolitan job market. The rating also considers the township's history of strong financial operations leading to very strong reserves and low debt burden.

Rating OutlookThe stable outlook reflects the expectation that the township's finances will remain strong in the near-term. Obligor Profile

Sign Up for E-News

Chatham Township is located in Morris County (Aaa stable) approximately 25 miles west of New York City. The township's population is 10,452 according to the 2010 US Census.


The principal methodology used in this rating was US Local Government General Obligation Debt published in December 2016. Please see the Rating Methodologies page on for a copy of this methodology.

Regulatory Disclosures

For ratings issued on a program, series or category/class of debt, this announcement provides certain regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series or category/class of debt or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices. For ratings issued on a support provider, this announcement provides certain regulatory disclosures in relation to the credit rating action on the support provider and in relation to each particular credit rating action for securities that derive their credit ratings from the support provider's credit rating. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be


TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News


A Week at the Library of The Chathams Monday, March 12 – Sunday, March 18, 2018


By Galina Natenzon

After the storm of the Annual Friends’ Book Sale (no, not the snowstorm), the library is returning to relative peace and quiet.  The sale continues with Bag Sale ($8 for a large bag of books) on Monday, Tuesday, and until most books are sold.

For information about all programs or to sign up, please call the library at 973‑635‑0603 or go ...

Proud of Chatham Township Residents During "Weather Events"

March 13, 2018

To the Editor

As I watch the next “Weather Event” cross my computer screen I am compelled not to roll my eyes in hopelessness to but reflect on the incredible response of helpfulness I have seen throughout the Chatham Township Community over the last several days. 

We are a rural community with dozen of miles of winding road yet we have seen our volunteer first ...


AtlantiCast: Episode 13

On this episode of AtlantiCast, new clinical studies in the fields of cardiology and immunotherapy, national and statewide recognitions for Atlantic Health System medical centers and the inaugural AtlantiCast Collab Challenge!


Mindfulness and Meditation Courses Beginning April 2018 - Space is limited as classes will be small

March 16, 2018

Madison, NJ – In celebration of the new spring season, come experience and enjoy Mindfulness and Meditation with Wendi L. Dumbroff, MA, LPC. Dumbroff is a Licensed Professional Counselor in private practice in Madison, New Jersey, where she specializes in individual, family, couple and sex therapy.  She is a highly trained couple and sex therapist who provides a safe, ...