Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to King County, Wash.'s approximately $175.7 million series 2015E limited-tax general obligation (GO) refunding bonds. In addition, Standard&Poor's affirmed its: 'AAA' long-term rating and underlying rating (SPUR) on the county's previously issued GO bonds; 'AA+' long-term rating and SPUR on the county's appropriation obligations; 'AAA' long-term rating on the King County Housing Authority's bonds backed by a contingent loan agreement with the county; and 'AAA/A-1+' rating on certain county GO debt, with the short-term rating based on the State Street Bank&Trust Co. short term rating as liquidity provider. The outlook, where applicable, is stable. The series 2015E bonds are general obligations of the county secured by
