S&P Global Ratings assigned its 'AAA' long-term rating to Charlotte , North Carolina's $53.3 million series 2026 general obligation (GO) refunding bonds. The outlook is stable. WASHINGTON DC (S&P Global Ratings) July 22, 2026--S&P Global Ratings today took the rating actions listed above. The stable outlook reflects our expectation that an expanding tax base and forward-looking management policies will result in balanced financial results during the two-year outlook horizon. We could consider a negative rating action if the city's reserves deteriorate due to recurring operating imbalances with no credible plan to correct and restore them, if debt metrics materially weaken, or fixed costs begin to limit the city's ability to raise additional revenue and begin pressuring finances.