DALLAS (Standard&Poor's) March 5, 2012--Standard&Poor's Ratings Services said today it assigned its 'AA+' long-term rating and stable outlook to New York City Municipal Water Finance Authority's (NYCMWFA) series 2012 EE second general resolution water and sewer system revenue bonds. We also affirmed the 'AAA' and 'AA+' long-term and underlying ratings (SPURs), with a stable outlook, on the authority's existing first- and second-resolution bonds, respectively. "The stable outlook reflects our expectation that the system's financial profile will remain commensurate with the ratings," said Standard&Poor's credit analyst Theodore Chapman. We believe the strong management, including long-term planning and transparency regarding future rate adjustments, will continue to allow the authority to fund identified needs despite an expected
