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Published on 1/20/2016 in the Prospect News Municipals Daily.

• Moody’s downgrades Fall River, Mass., G.O. debt to A3

• S&P cuts Santa Clara Valley Water, Calif., debt to AA-

• S&P raises California Housing Finance issuer credit rating to A

• S&P elevates Denville Board of Education, N.J., G.O. debt to AA-

• S&P ups Clackamas River Water, Ore., revenue bonds to AA-

• S&P lowers Algonac Community Schools, Mich., bonds to A+

• S&P lifts Lacey Municipal Utility Authority, N.J., revenue debt to AA+

• S&P elevates York City School District, Pa., G.O. bonds to A-

• S&P assigns A+ Temple University, Pa., series 2016 bonds

• S&P ascribes A+ to San Francisco International Airport 2016 revenue refunding bonds

• Fitch gives AA+ to New Braunfels ISD, Texas, unlimited tax bonds

• S&P provides A+ to Rhode Island Turnpike and Bridge Authority 2016A motor fuel tax bonds

• Moody’s applies Aa3 to Moorhead ISD No. 152, Minn., series 2016A G.O. bonds

• Fitch assigns A to Nassau County, N.Y., series 2016 G.O. bonds, F1 to BANs

• S&P gives AA+ to South Madison Community School Corp., Ind., series 2016 bonds


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