Standard&Poor's Ratings Services affirmed its'A-'long-term rating on Carrollton, Mo.'s series 2010 lease participation certificates (COPs). The outlook is stable. The rating reflects the town's: Steady, yet limited local tax base; Below-average wealth and incomes; Very strong general fund reserves; and Annual appropriation risk. Securing the COPs are semiannual lease payments, subject to annual appropriation from any legally available revenues of the town. Carrollton sits in west-central Missouri, about 70 miles northeast of Kansas City. The town's estimated population is 4,085, and it serves as the Carroll County (estimated 10,000 residents) seat and economic center. Incomes are adequate, yet below average, with median household effective buying income (EBI) and per-capita EBI equaling 73% and 80% of national
