OREANDA-NEWS. S&P Global Ratings assigned its 'AA' long-term rating to Pope Valley Union Elementary School District, Calif.'s general obligation (GO) bonds, election of 2016, series A. The outlook is stable.

"The rating reflects our view of the district's very strong local economy and extremely strong wealth levels," said S&P Global Ratings credit analyst Li Yang. "The rating further reflects our view of the district's basic-aid status and very strong reserves," Mr. Yang added.

Pope Valley Union Elementary School District School serves an estimated population of 812 and is located about 50 miles northeast of San Francisco in Napa County.