S&P Global Ratings assigned its 'AA' long-term rating to the City of Cincinnati 's $24.3 million series 2026A nontax economic development revenue bonds, $15.4 million series 2026B nontax economic development revenue bonds, and $3.9 million series 2026C nontax economic development revenue bonds. The outlook is stable. ENGLEWOOD (S&P Global Ratings) April 23, 2026--S&P Global Ratings today took the rating actions listed above. We believe that social and governance factors are credit neutral within our rating analysis. We also believe that environmental factors are elevated compared with those of peers given the city's location along the Ohio River, which is prone to flooding. That said, most of Cincinnati sits outside the flood plain, so we believe the risk will be manageable