LOS ANGELES -- After battling the effects of a devastating earthquake at the start of 1994, the Los Angeles Department of Water and Power will march into the new year with another fight on its hands -- this one, over its credit standing.

Department officials have said that last month's controversial $109 million transfer of surplus funds to the city's general fund will not jeopardize the creditworthiness of the utility's $3.3 billion of debt outstanding.

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