CHICAGO (Standard&Poor's) Aug. 5, 2009--Standard&Poor's Ratings Services has revised its rating outlook on Oak Park Village, Ill.'s general obligation (GO) debt to stable from negative, reflecting management's actions to restore structural balance to the village's parking garage enterprise fund and the village's return, unaudited, to adequate unreserved general fund balances following the parking fund's repayment of roughly half of its interfund loans. The 'AA-' rating on the debt has been affirmed. The rating further reflects the ratings services' opinion that the village participates in the deep and diverse Chicago metropolitan economy and has moderate overall net debt levels and that residents have very strong wealth and income levels. The rating service also revised its Financial Management
