Standard&Poor's Ratings Services assigned its 'AA+' long-term rating and its 'A' underlying rating (SPUR) to Greene County School District R-II (Willard), Mo.'s GO school bonds, series 2004. In addition, Standard&Poor's affirmed its 'A' SPUR to the district's outstanding debt. The 'AA+ rating reflects the school district's eligibility and participation in the Missouri Direct Deposit of State Aid Program, in which the state makes direct deposits of portions of monthly state aid payments to a bond trustee. The program, which enhances local school district GO bonds, provides for a first-dollar claim on monthly state aid, which will be directly deposited to a master bond trustee. State aid covers maximum annual program debt service at least 1.5x. The