Standard&Poor's Ratings Services assigned its 'AA-' rating to Tacoma, Wash.'s $9.65 million series 2007 (taxable) limited-tax GO bonds and affirmed its 'AA-' underlying rating (SPUR) on the city's other GO debt. The rating reflects the city's: Sizeable economic base within the large and diverse Seattle regional economy; Healthy economic growth, supported indirectly by public facility investments; Good financial management policies and practices; and Maintenance of a financial position that has been average to above average since 2002. Constraining upward rating movement at this time is a concentration in defense-related employment in the surrounding county and a median household income that is low relative to the national median for the 'AA' category. The city's full faith and credit pledge
