Standard&Poor's Ratings Services revised its outlook to positive from stable and affirmed its 'A+' long-term rating on the District of Columbia's revenue bonds, series 2009, issued on behalf of the Brookings Institution. The rating reflects the institution's healthy financial resources and improved operating performance the past two years, following strong fiscal management and deliberate cost-containment efforts. The revision to a positive outlook reflects our view of management's significant, recent attention to, and improvement of internal controls and financial management and its subsequent results, combined with our expectation that the institution will maintain its current levels of grants/contracts and fund raising activity. We further anticipate the institution will maintain or grow its annual operations and balance sheet strength compared
