AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings affirms the 'A+' rating on the following Palmdale Water District Public Financing Authority (the authority), California water revenue bonds: --$43.85 million water revenue bonds, series 2013A. The Rating Outlook is Stable. SECURITY The bonds and certificates are secured by net revenues of the district's water system, including connection fees and the district's portion of Los Angeles County's (the county) 1% property tax revenues. KEY RATING DRIVERS