Standard&Poor's Ratings Services assigned its 'AA-' rating to Huntsville, Ala.'s natural gas revenue warrants series 2005. Net revenues of the gas system bonds secure the bonds. The rating reflects: The solid service area economy of the city ('AA' GO rating); A strong revenue collection method, as gas charges appear on a combined monthly utility bill with water and electric charges (both utility systems are rated 'AA'); Sound system operations; Competitive rates, with a recent history of raising rates to meet increasing commodity costs; and Adequate financial operations over the past two fiscal years. These strengths are mitigated by: A historical susceptibility to weather patterns and fluctuations in commodity prices; and Low liquidity in recent fiscal years, primarily due
