S&P Global Ratings assigned its 'AA+' long-term rating (based on credit enhancement) and 'A' underlying rating to Kokomo School Corp ., Ind.'s $15.49 million series 2026 ad valorem property tax first-mortgage refunding bonds. The outlook is stable. CHICAGO (S&P Global Ratings) March 11, 2026--S&P Global Ratings today took the rating actions listed above. We view environmental, social, and governance factors as credit neutral within our rating analysis. The stable outlook reflects our view that the district?s strong reserves will help offset potential operating pressures and financial uncertainties in the near term. We could lower the rating if the district?s available cash balances materially declined and no longer offset the below average economic metrics nor provided sufficient buffer against high circuit
