S&P Global Ratings assigned its 'AA+' long-term rating to Forest Lake , Minn.'s approximately $4.4 million series 2025A street reconstruction general obligation (GO) bonds. At the same time, we affirmed our 'AA+' long-term rating on the city's GO debt outstanding. The outlook is stable. The rating reflects the application of our " Methodology For Rating U.S. Governments ,? published Sept. 9, 2024. ENGLEWOOD (S&P Global Ratings) May 7, 2025--S&P Global Ratings today took the rating actions listed above. The rating incorporates our view of environmental, social, and governance (ESG) factors relative to the city?s economy, financial performance, management, and debt and liability profile, all of which we consider neutral. The stable outlook reflects our view that the city will maintain
