Standard&Poor's Ratings Services has assigned its 'AA' long-term rating to Franklin, Mass.' general obligation (GO) municipal purpose loan of 2011 bonds and affirmed its 'AA' long-term ratings on the town's existing GO parity debt. The outlook is stable. The ratings reflect our view of the town's: Good location along the high-tech Interstate 495 Corridor with access to Boston by commuter rail and other regional employment centers, Very strong household income and below-average unemployment, Good financial position despite recent decreases in reserves, and Low debt burden with rapid amortization and limited additional capital needs. The town will use proceeds from this issuance to refund a portion of its series 2002 and 2003 bonds. Franklin, with an estimated population of
