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Fitch Affirms Lamont 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 Lamont School District, CA (the district) general obligation (GO) bonds: --$1.5 million GO bonds, election of 1999, series A. The Rating Outlook is Stable. SECURITY The bonds are supported by an unlimited ad valorem pledge on all taxable property within the district. KEY RATING DRIVERS SOUND FINANCIAL POSITION: The district maintained stable operations and good financial flexibility through the last rec

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