CHICAGO (Standard&Poor's) Nov. 7, 2007--Standard&Poor's Ratings Services has raised its underlying rating (SPUR) on Polk County, Iowa's GO bonds to 'AAA' from 'AA+', based on a continued trend of steady economic growth and the implementation of long-term planning tools. The outlook is stable. At the same time, the rating service assigned its 'AAA' rating to the county's $30.41 million GO refunding bonds series 2007A and 2007B. The rating also reflects participation in the strong and diverse Des Moines, Iowa MSA economy; a stable financial position supported by a policy to pass balanced budgets; and low debt burden. "We expect Polk County's strong financial operations, sound management practices, and steady economic growth to continue," said Standard&
