...Alabama's 'AA+' GO rating and Issuer Default Rating (IDR) reflect strong fiscal resilience, broad spending controls with balanced operations buttressed by dedicated reserves and access to Alabama Trust Fund (ATF) reserves, economic growth in line with national rates, and low long-term liabilities. The 'AA' Corrections Institution Finance Authority (CIFA) bond rating, one notch below Alabama's 'AA+' IDR, reflects the slightly higher degree of optionality associated with appropriation of rental payments....