Standard & Poor's Ratings Services said it revised the outlook to positive from stable on Atwater Elementary School District, Calif.'s general obligation bonds and appropriation-backed debt.

At the same time, Standard & Poor's affirmed its A long-term rating and underlying rating (SPUR) on the district's existing GO debt and its A-minus SPUR on the district's appropriation-backed debt. Finally, Standard & Poor's assigned its A long-term rating to the district's series 2012 GO refunding bonds.

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