S
tandard & Poor’s Ratings Services is pleased to present the 2007 edition of Public Finance
Criteria, which we hope you will find useful. This updated overview includes criteria
developed since the publication of the last edition, as well as criteria revised to reflect events
and trends affecting public finance.Standard & Poor’s criteria are extensive and are periodically revised. Our complete
criteria are available on Standard & Poor’s RatingsDirect, as well as on the Web at
http://www.standardandpoors.com.Standard & Poor’s also regularly publishes its new and revised criteria on RatingsDirect
and on the Web, as part of our commitment to provide the most timely and comprehensive
public finance ratings information.William L. Montrone
Managing Director