Standard & Poor's Ratings Services said it raised its long-term and underlying rating to AA from AA-minus on Farmington Public School District, Mich.'s general obligation state program rating.

At the same time, Standard & Poor's assigned its AA issuer credit rating to the district. Finally, Standard & Poor's affirmed its AA-minus long-term rating and SPUR and AA ICR on the district's existing GO bonds. The outlook on all ratings is stable.

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