Standard&Poor's Ratings Services assigned its 'AAA' rating and stable outlook to Charlotte, N.C.'s series 2015 water and sewer system refunding revenue bonds and affirmed its 'AAA' rating, with a stable outlook, on the city's existing water and sewer system revenue debt. The 'AAA' long-term component of the ratings on the series 2002B, 2002C, and 2006B variable-rate water and sewer revenue bonds reflects the city's water and sewer rating. The short-term component of the ratings reflects the credit quality of the respective liquidity facility providers. The 'AAA' rating reflects our opinion of the water and sewer system's: Service area economy, which continues to exhibit growth, as well as fundamentally strong economic indicators; Very strong financial performance with the expectation
