Standard and Poor's Ratings Services has assigned its 'AAA' rating, with a stable outlook, to Plano, Texas' series 2016 waterworks and sewer system revenue bonds. At the same time, Standard&Poor's has affirmed its 'AAA' rating, with a stable outlook, on the series 2009 bonds issued by North Texas Municipal Water District (NTMWD). The rating reflects the combination of an extremely strong enterprise risk profile and a very strong financial risk profile, coupled with significant financial flexibility in terms of capital spending and rate setting. The bonds are secured by net revenues of the city's water and wastewater system. The extremely strong economic profile is the result of: A large and diverse service area within the broader Dallas-Fort Worth
