DALLAS -- Standard & Poor's Corp. yesterday affirmed its AAA rating for Dallas, one day after the city lost its distinction as the only major city with the top rating from two Wall Street agencies.

On the eve of today's $90.4 million general obligation bond sale, agency analysts cited strong fiscal management, declining GO debt levels, and a diversified economic base as the keys to their decision to affirm the rating held by the city since 1978.

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