SAN FRANCISCO (Standard&Poor's) Aug. 3, 2011--Standard&Poor's Ratings Services raised its long-term rating and underlying rating (SPUR) to 'A+' from 'A' on West Contra Costa Unified School District, Calif.'s general obligation (GO) bonds outstanding. The outlook is stable. "The ratings reflect our view of management's ability to maintain strong reserves during a period of declining enrollment and continued state funding reductions through negotiated salary and benefit reductions and clearly defined budget actions to address declining enrollment," said Standard&Poor's credit analyst Misty Newland. The ratings also reflect our opinion of the district's: Participation in the San Francisco Bay Area economy, which provides diverse employment opportunities; Very strong property wealth and strong income levels; Strong reserves, which
