Standard&Poor's Ratings Services affirmed its 'AAA' rating on Plano, Texas' municipal drainage utility system revenue bonds. The outlook is stable. The rating is based on our opinion of the city system's general creditworthiness. Factors that, in our view, support the 'AAA' rating include Plano's: Strong employment base, that not only participates in the Dallas-Fort Worth metropolitan statistical area, but also serves as an economic hub in its own right, with high-end commercial office space and a number of corporate campuses, all of which serve to boost incomes very high; Limited operational risk, given the largely built-out nature of the city; and, A stable financial risk profile, likely sustainable given the city's lack of identified additional borrowing plans. A
