SAN FRANCISCO (Standard&Poor's) Oct. 8, 2009--Standard&Poor's Ratings Services raised its underlying rating (SPUR) to 'A+' from 'A-' on Siskiyou Joint Community College District, Calif.'s outstanding general obligation (GO) bonds. The raised rating reflects our view of the district's recent history of good financial performance despite a challenging state funding environment, and strong reserves. In addition, Standard&Poor's assigned its 'A+' rating to the district's series D, election of 2009, bonds. The outlook is stable. "The raised rating reflects our view of the district's recent history of good financial performance despite a challenging state funding environment, and strong reserves," said Standard&Poor's credit analyst Jen Hansen. The district typically budgets to break-even, and its financial
