Standard&Poor's Ratings Services assigned its 'AA' rating, with a stable outlook, to the Sacramento County Sanitation District Financing Authority, Calif.'s $49.3 million refunding series 2010A revenue and $51.7 million taxable refunding series 2010B revenue bonds. Both series are issued on behalf of, and payable from the revenues of, the Sacramento Regional County Sanitation District. In addition, we affirmed our 'AA' long-term rating and underlying rating (SPUR) on the district's existing senior obligations and our 'AA-' long-term rating on the district's existing subordinate-lien obligations. We also affirmed our 'AAA/A-1' ratings on the district's series 2008A-D obligations, which are jointly secured by the district's subordinate lien and letters of credit from Bank of America N.A. (A+/Negative/A-1), and our 'AAA/A-1+' rating
