This report does not constitute a rating action. S&P Global Ratings'long-term rating on Contra Costa Community College District (CCD), California's general obligation (GO) bonds is'AA+'. The outlook is stable. Revenue from unlimited ad valorem taxes levied on taxable property within the district secures the GO bonds. The Contra Costa County board of supervisors has the power and obligation to levy these taxes at the district's request for the bonds'repayment. The county is required to deposit such taxes, when collected, into the bonds'debt service fund. The rating reflects our view of Contra Costa CCD's very strong enterprise and strong financial risk profiles. The enterprise risk profile is supported by the district's large and growing enrollment base, large
