CHICAGO (Standard&Poor's) Nov. 20, 2006—Standard&Poor's Ratings Services has assigned its 'AA+' rating to Polk County, Iowa's $116.01 million series 2006C and 2006D GO bonds. The bonds are scheduled to sell on Dec. 4. The outlook is positive. At the same time, the rating service affirmed its 'AA+' standard long-term rating and underlying rating (SPUR) on the county's previously issued debt. The rating reflects participation in the strong and diverse Des Moines MSA economy, economic vitality and growth stemming from considerable public and private investment in substantial capital projects, a stable financial position with strong management, and favorable debt ratios and limited future capital needs. "We expect that the county will successfully implement its new financial management
