Standard&Poor's Ratings Services raised its revenue bond rating on Maricopa County Community College District (MCCCD), Ariz., to 'AA+' from 'AA'. The raised rating is based on strong debt service coverage of revenue bonds and broad economic and tax base growth in Maricopa County, which supports more than 50% of the district's operating revenues. The rating reflects: The broad economic and tax base of Maricopa County as well as the strong rating ('AAA') on the district's GO debt; Very low revenue bond debt ($23 million) and modest expected additional revenue bond issuance; The large and growing enrollment base (nearly 300,000) of the district's 10 colleges and two skill centers ; Consistent, balanced financial operations with good surpluses (4.3% of
