S&P Global Ratings revised the outlook to positive from stable and affirmed its ‘A+’ underlying rating (SPUR) on Cowlitz County Fire Protection District No. 2 , Washington’s unlimited tax general obligation (GO) bonds. The outlook revision reflects the district’s positive financial performance, which has led to available reserves we consider robust and comparable with those of higher-rated peers, supported by its levy lid lift, which has provided revenue flexibility. The GO bonds are secured by the district's full-faith-and-credit obligations, including the obligation to levy sufficient property taxes without limitation as to rate or amount. The rating reflects the district's positive operating results and robust cash reserve position. We anticipate the district will maintain a positive financial performance, supported by a
