Standard&Poor's Ratings Services has assigned its 'AAA' long-term rating to West Harford, Conn.'s 2014 general obligation (GO) bonds. We also affirmed our 'AAA' long-term rating and underlying rating (SPUR) on the town's outstanding GO debt. The outlook on the long-term GO debt is stable. A pledge of the town's full faith credit secures the bonds. Proceeds will be used to finance various town capital improvement projects. The rating is based on our local GO criteria released Sept. 12, 2013, and reflects our assessment of the following factors for the town: Participation in the broad and diverse economy with very high wealth and per capital incomes; Strong budgetary flexibility with 2013 audited available reserves in excess of 11% of
