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Published on 5/21/2008 in the Prospect News Municipals Daily.

S&P rates Tulare County, Calif., notes SP-1+

Standard & Poor's said it assigned an SP-1+ rating to the California Statewide Communities Development Authority's $55 million series 2008B1 tax and revenue anticipation notes due July 31, 2009, issued on behalf of Tulare County, Calif.

The notes will fund seasonal cash deficits during fiscal 2009.


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