NEW YORK (Standard&Poor's) March 19, 2009--Standard&Poor's Ratings Services raised its standard long-term rating and underlying rating (SPUR) on Sioux City, Iowa's general obligation (GO) debt one notch to 'AA' from 'AA-' based on the city's maintenance of a very strong financial position, boosted by available reserves outside the general fund. The outlook is stable. Standard&Poor's assigned its 'AA' standard long-term rating, and stable outlook, to the city's $9.435 million series 2009A GO bonds, $5.550 million series 2009B GO urban renewal bonds, $1.310 million series 2009C taxable GO bonds, and $7.320 million series 2009D GO refunding bonds. In Standard&Poor's opinion, the ratings further reflect the city's position as a regional economic and employment
