SAN FRANCISCO (Standard&Poor's) June 27, 2008--Standard&Poor's Ratings Services revised the outlook to positive on West Contra Costa Unified School District, Calif.'s outstanding general obligation (GO) debt. In addition, Standard&Poor's assigned its 'A-' rating to the district's 2005 series B GO bonds. The outlook is positive. Standard&Poor's also affirmed its 'A-' rating on the district's outstanding GO bonds. "The positive outlook is based on our expectation of a stable budget with reserves at or near levels consistent with past audited results, as well as our expectation that in the event of the loss of the parcel tax in 2009, the district will make appropriate expenditure cuts to maintain a stable financial position," said
