Borough Admin Serves On State Board

Madison Borough Administrator Raymond M. Codey recently became the newest member of the New Jersey Municipal Management Association’s (NJMMA) Executive Board.  The Executive Board works with legislators on such relevant issue as pension reform, health insurance and other issues pertaining to New Jersey municipalities.

As a speaker at a recent NJMMA’s seminar, “AAA Credit Rating: The Golden Designation,” held at the League of Municipalities Conference, Codey noted, “The process for achieving the highest [AAA] credit rating possible begins with good management and planning.” The coveted AAA credit rating is sought by all of New Jersey’s 565 municipalities but achieved by relatively few. Currently, 24 municipalities can claim a AAA rating, including the Borough of Madison.

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