...CHICAGO (Standard & Poor's) Feb. 3, 2016--Standard & Poor's Ratings Services assigned its '##' long-term rating to Wisconsin's $284 million general obligation (GO) bonds of 2016, series 1. We also affirmed our '##' long-term rating and underlying rating (SPUR) on the state's existing GO bonds. In addition, we affirmed our '##-' rating and SPUR on the state's appropriation-backed bonds, as well as our 'A' rating on bonds backed by the state's moral-obligation pledge. Finally, we affirmed our 'A-1+' rating on the state's GO commercial paper (CP) and extended municipal CP programs. The outlook, where applicable, is stable. "The '##' ratings on Wisconsin's GO bonds reflect our view of the state's demonstrated ability to make midyear budget corrections," said Standard & Poor's credit analyst Carol Spain, "and its moderate-to-moderately high debt burden." Other factors include its: + Governmental framework supportive of credit quality, with a constitutional balanced-budget requirement and a statutory...
