DALLAS (Standard&Poor's) Sept. 8, 2014--Standard&Poor's Ratings Services said it assigned its 'AA+' rating to New York City Municipal Water Finance Authority (NYCMWFA)'s fiscal 2015 series CC and DD second general resolution water and sewer system revenue bonds. We also affirmed our 'AA+' underlying ratings (SPURs) on the authority's existing second-resolution bonds, as well as our 'AAA' long-term rating on the system's first general resolution revenue bonds. "The outlook is stable for all ratings, reflecting our expectation that the system's financial profile will remain commensurate with the ratings over our two-year horizon," said Standard&Poor's credit analyst Theodore Chapman. The difference in the long-term ratings between the first- and second-resolution debts reflects lien priority and the
