Standard & Poor's Ratings Services said it raised its rating on Littlestown Area School District, Pa.'s existing general obligation bonds that solely reflect the state enhancement program to A-plus from A.
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At the same time, Standard & Poor's assigned its A-plus-term rating and underlying rating for credit program to the district's series 2015 GO bonds. The outlook on all the ratings is stable.
"The higher rating reflects our assigning to the district our underlying rating for credit program that is higher than the program rating," said Standard & Poor's credit analyst Danielle Leonardis.
