CHICAGO (Standard&Poor's) March 16, 2009--Standard&Poor's Ratings Services has assigned its 'A+' standard long-term rating to Cochrane-Fountain City Community School District, Wis.' $930,000 series 2009 general obligation (GO) refunding bonds. The outlook is stable. The rating is based on access to larger and more diverse economic areas for employment, good income levels as measured by per capita and median household effective buying income, very strong financial operations, and a low net debt burden as a percent of equalized value with limited future capital needs. The general trend of declining enrollment, which is linked to state funding, is an offsetting credit consideration. "We expect that the district will implement the budgetary cuts necessary to maintain balanced operations and
