Standard & Poor’s last week raised its long-term rating on Little Rock’s Series 2004A and 2004B limited-tax library bonds and Series 2004 limited-tax general obligation refunding bonds to AA from AA-minus. It also assigned the AA-rating to the city’s upcoming sale of $32 million of library construction and improvement bonds.

The improved rating on the limited-tax library bonds put them on par with the city’s limited-tax GO debt rating.

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