NEW YORK (Standard&Poor's) Jan. 17, 2008--Standard&Poor's Rating Services affirmed its 'AA-' ratings and revised its outlook to stable from positive on the city of Atlanta's GO bonds. The outlook revision is based on fund balances that, while declining, remain healthy. At the same time, Standard&Poor's assigned its 'AA-' rating to the city's series 2008 bonds. The city's 'AA-' rating reflects its diversified regional economic base that is poised to outpace the national employment growth rate over the next five years and reserve levels that remain healthy. In addition, Atlanta maintains conservative management practices and moderate debt ratios with manageable general fund-supported capital needs. "The previous positive outlook reflected management's efforts to rebuild financial reserves
