Standard&Poor's Ratings Services assigned its 'A-' rating and positive outlook on Austin, Texas' $88.5 million series 2003A electric utility system revenue refunding bonds and $101.5 million series 2003 electric utility system revenue refunding bonds. The bonds are scheduled to sell on Feb. 5. At the same time, the rating agency affirmed its 'A-' and 'A' standard long-term ratings and 'A' Standard&Poor's underlying rating (SPUR) and 'A-' SPUR on the city's debt outstanding. The 'A' standard long-term rating and 'A' SPUR on Austin, Texas' prior-lien combined utility system revenue bonds and the 'A-' standard long-term rating and 'A-' SPUR on the subordinate-lien combined utility system revenue bonds and the electric utility system (Austin Energy) revenue bonds reflect
