Standard & Poor’s Monday upgraded bonds issued by 15 smaller communities in Oregon and Washington, citing a recent criteria review that has caused the rating agency to put less weight on the size and location of local government issuers.

“We changed our criteria and we focused more on management and less on size or rural versus urban,” said Steven Zimmermann, a managing director. “It’s based on the criteria changes we made a while ago but we’re doing this over time.”

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