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Red Bank YMCA

At the heart of the Red Bank community since 1874, our Red Bank Family YMCA is here to support health and well-being for all. We’re a special place where people of all ages, interests and backgrounds gather to grow in spirit, mind and body.

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RED BANK BONDS SHRUG OFF MOODY’S MOOD

money-half-columnWall Street debt-rating agency Moody’s may take a negative view of Red Bank’s fiscal situation, but investors don’t, town officials said Tuesday night.

Councilman Mike DuPont, who heads the borough’s finance committee, said investors had snapped up $5.4 million worth of bonds offered in a recent refinancing. The followed Moody’s report at the end of October, which said that its Aa3 rating on $25.2 million worth of general-obligation bonds could be downgraded if “recent fiscal strain” continues.

“The investors disregarded the outlook, and looked to the steps we took to be fiscally responsible,” DuPont said at the council’s bimonthly meeting.

He said the bonds had gone at a “phenomenally low” 1.13 percent interest rate.

Mayor Pasquale Menna reiterated comments he made at the time of the Moody’s warning, saying that it was prompted by steps that Red Bank, like all other other municipalities, had been pressed by Governor Chris Christie to adopt.

Remember: Nothing makes a Red Bank business owner happier than to hear "I saw your ad on Red Bank Green!"
Partyline
SOGGY NOTION
RED BANK: Breezeway sculpture captured the mood downtown as heavy rains fell Saturday morning.
HOME DELIVERY
RED BANK: After a subdivision, an instant house rises on a new Catherine Street lot.
COMMUNITY PROFILES
For Black History Month, Red Bank's Community Engagement and Equity Advisory Committee has been running a series of local profiles on Facebo ...
HEARTY FAREWELL FOR HARDY
RED BANK: Council to honor DPU supervisor Rich Hardy, who retired recently after almost 39 years of keeping things running.
HOMEBOUND? READ ON…
RED BANK: Can't get to the public library? It's now offering free delivery and pickups for homebound borough residents.
TAMING A BEAST OF A WEEK
RED BANK: After the second snowfall of the week, a borough family finds the perfect use for it – a Godzilla snow sculpture.
RED BANK: LIBRARY CLOSED, BUT THE HILL’S OPEN
RED BANK: Though the library was closed by a snowstorm, kids got to enjoy the riverfront property's steep slope Tuesday.
LIGHT(HOUSE) MAKEOVER
This year, getting ready for spring means a midwinter makeover for Strollo's Lighthouse in Red Bank.
TODAY: LOCAL PUPPY COMPETES ON ANIMAL PLANET’S “PUPPY BOWL”
Red Bank’s very own rescue puppy, Biscuit, is set to compete in Animal Planet’s Puppy Bowl this Sunday, February 11, at 2 PM. Th ...
WHAT? NO redbankgreen NEWSLETTER?
Apologies to redbankgreen newsletter subscribers: the daily email hasn’t gone out for two days because of technical issues.
RED BANK: TIRED OF SKEETERS?
RED BANK: Tired of mosquito bites every summer? Monmouth County has a free program to help eliminate skeeter breeding grounds.
SEA BRIGHT: POLAR PLUNGE FOR ST. JAMES, OTHERS
Hundreds braved the wind and sea on Sunday at 1PM in support of St. James Elementary School, and other Catholic schools in the area. The eve ...
RED BANK: RBR CLAIMS TITLE
RED BANK: Watch pure joy as the RBR boys basketball team celebrates its first B North championship in 17 years.
RED BANK: FORGET-IT FRIDAY
RED BANK: Train Station can be a lonely place Friday mornings, especially with cold rain in the forecast.
RED BANK: CROONING YOUR LOVE
RED BANK: Imagine a quartet of impeccably dressed gentlemen showing up at your beloved's workplace, singing of your love.
RED BANK: BLACK RIVER ROLLS ON
RED BANK: A 68-year-old rail freight engine can still be counted on to draw a trainspotting fan or two when it rolls through town.
RED BANK: ‘MONDAY SWEAT’ MEETS
RED BANK: Joined by the Hazlet Running Club, members of the Red Bank Run Club met for their "Monday Sweat" at Count Basie Field.
RED BANK: CARD SALE BOOSTS GYM DRIVE
RED BANK: Charter School Foundation offers student-deisgned Valentines cards to help raise funds for a gymnasium.
RED BANK: LOVE IS IN THE… WINDOW
RED BANK: Up next: Valentine's Day, and Partyline finds the Red Bank Chocolate Shoppe getting ready for a surge of love and craving.
CLOSING THE BOOK ON A GREAT CAREER
The Red Bank mayor and council honored with a resolution Linda Hewitt (in red) on her retirement from the Red Bank Public Library at Thursda ...