SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following Moreland School District (the district), CA unlimited tax general obligation bonds (ULTGOs) at 'AA+': --$19.3 million, series 2002B, 2002C, 2002D, and 2004E. The Rating Outlook is revised to Negative from Stable. SECURITY The district's GO bonds are payable from unlimited ad valorem taxes to be levied annually upon all property subject to taxation by the district. KEY RATING DRIVERS REDUCED RESERVES: The Negative Outlook r
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