Syracuse, N.Y. – On May 21st, Moody’s Investor Services released a new rating action explaining why Onondaga County has been downgraded from Aa2 to Aa3. This is the first time since March of 2014 that Onondaga County’s rating has changed when it was downgraded from Aa1 to Aa2.
“The current crop of politicians are failing the people of Onondaga County once again. Republicans have been in charge for fifty straight years now and things just keep getting worse”, said Malavenda.
“It’s crucial for county leaders to bring new investments here but Ryan McMahon keeps dropping the ball, whether he’s chairing the County Legislature or sitting in the County Executive’s seat. Both downgrades have happened under his watch, but I’d like to see him taking responsibility for that. The buck’s got to stop somewhere.”
About Tony Malavenda
Malavenda kicked off his campaign for Onondaga County Executive on February 26th to challenge career politician Ryan McMahon. Malavenda was born and raised in the county and now lives with his wife, Martine, who owns Upstate Yoga Institute. His daughter Emily recently graduated from medical school at SUNY Upstate Medical University, and his daughter Sarah worked at Digital Hyve in downtown Syracuse and is headed to the University of Michigan to pursue a graduate degree in social work.