The 'AA+' long-term rating assigned to Johnson County School District No. R-VI Warrensburg, Mo.'s series 2010A and series 2010B general obligation (GO) bonds reflects the district's participation in the Missouri Direct Deposit Program. The 'A+' school issuer credit rating (ICR) assigned to series 2010 A and B bonds, and on the district's existing GO bonds, reflects Standard&Poor's Ratings Services' view of the district's: Participation in the stable Warrensburg economy, which is anchored by a state university and nearby military base, with some manufacturing and cross-participation in the diverse Kansas City economic base; Good management practices and strong financial position, despite recently planned drawdowns; and Moderate debt burden. The district's adequate wealth and income, due in part to the
