Standard & Poor’s said it has raised its long-term and underlying ratings on Will County Township High School District No. 204’s general obligation bonds to AA from AA-minus, reflecting the strength and stability of the Joliet, Ill., district’s economic base and ongoing maintenance of very strong reserve levels.

At the same time, the agency assigned its AA standard long-term rating to the district’s $2.185 million of Series 2009 limited-tax school GOs.

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