NY -- Standard&Poor's CreditWire 2/18/98 – Standard&Poor's today raised its rating on Cuyahoga County, Ohio's $33.3 million limited tax G.O. bonds series 1972, 1976, 1989, 1991, 1991A, 1992, 1993, 1993B, and 1995 to double-`A'-plus from double-`A'. The rating upgrade reflects: -- Ongoing strength in the county's economic base, -- Sound financial management that enabled the county to restore financial reserves during the past three years following large investment losses in 1994, and -- A manageable debt burden. Offsetting factors include ongoing cost pressures in the areas of social services and criminal justice, which will test county management to achieve programmatic goals while maintaining a strong financial position. The county's economy continues to perform well, reflective of
