Standard&Poor's Ratings Services has raised its ratings on various New York State entities' state appropriation secured debt following its upgrade on New York State's general obligation debt earlier today. (For further information see "New York State General Obligation Debt Upgraded To 'AA+' From 'AA' On Improved Budgetary Framework," and our full analysis on New York State, published earlier today on RatingsDirect.) The stable outlook reflects our outlook on New York State's GO debt.. USPF Criteria: State Ratings Methodology, Jan. 3, 2011 USPF Criteria: Appropriation-Backed Obligations, June 13, 2007 USPF Criteria: Moral Obligation Bonds, June 27, 2006