Bangkok--6 Nov--Standard & Poor's
Standard & Poor's Ratings Services expects limited credit effects from voters' decisions on ballot measures in the Nov. 2, 2010, election, based on preliminary results, according to the report "Voters Reject Most Constraints On Government Budgeting On The November Ballot," published on RatingsDirect on the Global Credit Portal.
The report says that of the four states with measures that had the most potential in Standard & Poor's view to affect state operations, only one, Arizona, appears to face a significant change to its operations following the election. Arizona voters rejected sweeps of restricted funds that the state expected would be available for general operations for fiscal 2011.
The report also summarizes major ballot topics and state-by-state ballot measures.
The report is available to RatingsDirect subscribers on the Global Credit Portal at www.globalcreditportal.com and RatingsDirect subscribers at www.ratingsdirect.com. If you are not a RatingsDirect subscriber, you may purchase a copy of the report by calling (1) 212-438-7280 or sending an e-mail to
[email protected]. Ratings information can also be found on Standard & Poor's public Web site by using the Ratings search box located in the left column at www.standardandpoors.com. Members of the media may request a copy of this report by contacting the media representative provided.
Media Contact:
Ana Sandoval, New York (1) 212-438-5095,
[email protected]
Analyst Contact:
Chris Morgan, San Francisco (1) 415-371-5032