Standard&Poor's Ratings Services assigned its 'AA+' standard long-term rating, and stable outlook, to Williamson County, Texas' general obligation (GO) bonds series 2009. The security is the county's GO tax pledge. For further information, see the report on Williamson County's GO debt published Feb. 23, 2009, on RatingsDirect. The stable outlook reflects what Standard&Poor's views as Williamson County's deep, diverse, stable, and expanding economic base. The stable outlook also reflects the expectation that management will maintain its sound financial position while undertaking a significant capital program and that it will adhere to managing the overall direct debt position by maintaining annual debt service expenditures at about $57 million annually.
