S&P Global Ratings assigned its 'SP-1+' short-term rating to the Town of Branford , Conn.'s $10.8 million series 2026 general obligation (GO) bond anticipation notes (BANs) At the same time, we affirmed our 'AAA' long-term rating on the town's previously issued GO debt. The outlook is stable. NEW YORK (S&P Global Ratings) Feb. 20, 2026--S&P Global Ratings today took the rating actions listed above. We view social and governance factors as neutral within our credit analysis. Branford is a coastal community, and we expect changing weather patterns and rising sea levels will likely pose a long-term threat for drainage and coastal properties; however, we do not think a material portion of the property tax base is under imminent threat. Furthermore,
