S&P Global Ratings assigned its ?A+? long-term rating to the Mississippi Development Bank ?s (MBD) proposed $33.4 million series 2025 special obligation bonds, issued for the Columbus Municipal School District . The outlook is stable. The rating is based on the application of our " Methodology For Rating U.S. Governments ," published Sept. 9, 2024, on RatingsDirect. ENGLEWOOD (S&P Global Ratings) April 18, 2025—S&P Global Ratings today took the rating actions listed above. The district's environmental, social, and governance factors are neutral in our credit rating analysis. The stable outlook reflects our expectation that the district will maintain balanced operations, accounting for one-time capital spending, and robust available reserves well above its formal policy minimum. We could lower the rating