Standard&Poor's Ratings Services assigned its 'AA-' rating to Tacoma, Wash.'s $9.61 million series 2007 taxable limited-tax GO bonds. In addition, Standard&Poor's affirmed its 'AA-' underlying rating (SPUR) on the city's other GO debt. The city's full faith and credit pledge to levy taxes on property, subject to a statutory limit of $3.60 per $1,000 of assessed value (AV), secures the bonds. Prior to a state Supreme Court decision on Nov. 8, 2007, the city's overall property tax revenue growth was further limited to 1% annually, excluding new construction, without a public vote. The legislature convened a special session starting Nov. 29, 2007, to consider restoring the property tax growth cap in some form. The rating reflects