Fitch Affirms Novato Unified School District, CA's GO Bonds at 'AA+'; Outlook Stable

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SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AA+' rating on the following Novato Unified School District, CA (the district) general obligation (GO) bonds: --$1.6 million Election of 2001, series 2006. The Rating Outlook is Stable. SECURITY The bonds are payable from an unlimited ad valorem tax on all taxable property within the district. KEY RATING DRIVERS STRONG FINANCIAL PROFILE: The district's financial profile reflects sound general fund balances, generally stable financi

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