Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to Polk County, Iowa's series 2015A and B general obligation (GO) bonds. At the same time, Standard&Poor's affirmed its 'AAA' long-term rating on the county's existing debt. The outlook is stable. A pledge of the county's full faith and credit and an agreement to levy ad valorem property taxes without limitation as to rate or amount secure the debt. Series 2015A bond proceeds will be used for various capital improvements and equipment purchases, fund grants, and to refund the county's series 2007A and B bonds for interest cost savings. Series 2015B bond proceeds will be used for conservation and courthouse projects that were approved by the voters. The
