Standard & Poor's Ratings Services said it has raised its long-term rating, underlying rating and school issuer credit rating on Delhi Central School District, N.Y.'s general obligation bonds to A-plus from A.

"We based the upgrade on our opinion of the district's increased reserves following several years of net operating surpluses due to conservative management practices," said Standard & Poor's credit analyst Lindsay Wilhelm. "We also expect the district will likely maintain its fund balance at strong levels," said Wilhelm.

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