OREANDA-NEWS. S&P Global Ratings has suspended its previously assigned 'A+' miscellaneous tax rating on Walker County, Ala. The rating is assigned to the county's series 2013 tax anticipation warrants, secured by the county's special ad valorem tax.

The suspension is based on the lack of timely information of satisfactory quality to maintain our rating on the securities in accordance with our applicable criteria and policies. The county has not published its audited financial statement for fiscal 2014; however, the audit is expected to be published shortly.

While we expect to be able to resolve the suspension within the next 90 days, if the information is not received within that timeframe, we will withdraw the rating.