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Moody’s Returns Westport to ‘Stable’ Aaa Rating

Moody’s Investor Service said Wednesday it has returned Westport to a “stable” Aaa rating after putting the town and 12 other Connecticut communities on “negative watch” in August because of a possible downgrade of U.S. debt. (See WestportNow Aug. 4, 2011)

The rating agency said in a news release that it has completed its assessments of the rating outlooks of five Aaa-rated states and 161 Aaa local governments previously identified as indirectly linked to the U.S. government, affecting a combined $69 billion of debt.

“As a result of these assessments, Moody’s has revised the outlook to stable from negative for two states and 119 local governments while the outlook remains negative for three states and 36 local governments,” the agency said.

In Connecticut, in addition to Westport other communities returned to a “stable” rating include Darien, Easton, Greenwich, Madison, New Canaan, Norwalk, Ridgefield, Wallingford, Weston, Wilton, and Woodbridge. Only Fairfield was kept on the “negative watch” list in Connecticut.

Winds Down Power Lines

HIgh winds and driving rain contributed to downed trees and power lines across Westport early today.

The Fire Department said a tree down in front of 34 Meadow View Drive in the Coleytown area took down primary power lines.

Police pushed a tree out of the way at North Avenue and Long Lots Road.

Large puddles of water covered the usual flooding areas as more than one inch of rain fell on the area.

Pledging Nonpartisanship, New Finance Board Acts

By James Lomuscio

With a pledge to maintain nonpartisan civility while keeping an eye on what is best for Westport, the newly configured Board of Finance Wednesday night unanimously elected Republican Avi Kaner chairman and Democrat Helen Garten vice chairman.

WestportNow.com Image
The new Board of Finance adjourned its first meeting just after midnight early today. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

The new Republican majority, seven-member board also took time to honor former members Republican Ed Ianonne, and Democrats Kenneth Wirfel and Allyson Stollenwerck for their years of service.

“I am truly humbled to be the recipient of what I perceive to be a tremendous vote of confidence,” said Kaner, calling Westport “an amazing place.”

He added that the board’s role is “to ensure that Westport’s finances are secure.”

Thursday, December 8, 2011


10 a.m. – 4 p.m. – Westport Historical Society –  “At Home with Stone” & “The Wit & Wisdom of Frazier Forman Peters”
10 a.m. – 5 p.m. – Westport Arts Center – “On Duty: Odermatt, Metinides and Weegee”
10 a.m. – 2 p.m. – Gilbertie’s (7 Sylvan Lane) – Westport Farmers Market Winter Market
7 p.m. – Fire Headquarters – Public Site & Building Commission
7:30 p.m. – Town Hall Room 309/307 – RTM New Member Orientation Meeting
7:30 p.m. – Westport Public Library – Ramin Ganeshram, “Stip it Up!”

See more events:  Celebrate Westport Calendar

Wind Advisory Issued

The National Weather Service in Upton, N.Y. has issued a Wind Advisory for Westport and area until 6 a.m. Thursday.

It said winds are expected northwest 20 to 30 miles per hour with gusts up to 45 to 50 mph.

The advisory said small tree limbs may be downed causing isolated power outages.

A Wind Advisory is issued when sustained winds of 31 to 39 mph or gusts of 46 to 57 mph are expected or occurring.

Storm Shifts, Bringing Rain, Little Snow

By Jacob Meisel

The storm for tonight, as you can see by the latest forecasts, has completely changed from what it was supposed to be two days ago. 

The track shifted approximately 100 miles to the west as upper level energy picked it up and pulled it closer to the coast, and the cold air has not made it over the mountains as expected. 

Thus, we are seeing the effects of a much more warmer system in the form of rain.  My original forecast had expected a changeover around midnight, but that changeover now will not come until 2 or 3 a.m., and the snow should end for the region by 4 or 5 a.m. 

We will likely see a slushy coating to an inch if any of the snow sticks, but that is really it.