Standard&Poor's Ratings Services assigned its 'AAA' long-term rating and stable outlook to Huntsville, Ala.'s series 2011A general obligation (GO) refunding and capital improvement warrants and series 2011B GO school capital improvement warrants and affirmed its 'AAA' long-term rating and underlying rating (SPUR), with a stable outlook, on the city's existing GO debt. The rating reflects our assessment of the city's: Growing service area economy that, despite the recession, has continued to expand and is poised for additional military-related employment; Extremely strong wealth with, what we consider, good income; Strong growth and a continually diversifying property tax base, coupled with some dependence on the military, aerospace, and electronic industries; Historically very strong finances, supported by, what we view as,