Standard&Poor's Ratings Services assigned its 'A' long-term rating to Palo Verde Community College District (CCD), Calif.'s general obligation (GO) bonds, election of 2014, series A. Standard&Poor's also assigned its 'A' long-term rating to Palo Verde Community College District School Finance Improvement District (SFID) No. 2004-1's 2016 GO refunding bonds. In addition, we affirmed our 'A' long-term rating and underlying rating (SPUR) on the CCD's and SFID's existing GO bonds, as well as our 'A-' long-term rating and SPUR on the district's outstanding certificates of participation (COPs). The outlook on all ratings is stable. The ratings reflect our view of the district's: Good financial position with an unreserved general fund balance of $2.1 million, or 14.6% of
