...SAN FRANCISCO (Standard & Poor's) July 14, 2015--Standard & Poor's Ratings Services assigned its '##+' issuer credit rating (ICR) to Oceanside, Calif. In addition, Standard & Poor's assigned its '##' long-term rating to the city's series 2015 taxable pension obligation refunding bonds and series 2015A lease revenue refunding bonds. The outlook is stable. "The ratings reflect our view of such factors as the city's strong economy, strong management, adequate budgetary performance, very strong budgetary flexibility, and very strong liquidity," said Standard & Poor's credit analyst Chris Morgan. The stable outlook reflects our view of the city's positive economic momentum and projections of positive general fund performance during our two-year outlook horizon. RELATED CRITERIA AND RESEARCH Related Criteria + USPF Criteria: Local Government GO Ratings Methodology And Assumptions, Sept. 12, 2013 + USPF Criteria: Financial Management Assessment, June 27, 2006 + USPF Criteria: Debt Statement Analysis,...
