S&P Global Ratings assigned its 'AAA' long-term rating to Lewisville , Texas' anticipated $38.6 million series 2025 waterworks and sewer system revenue refunding and improvement bonds. At the same time, we affirmed our 'AAA' rating on the city's revenue debt outstanding. The outlook is stable. NEW YORK (S&P Global Ratings) May 14, 2025—S&P Global Ratings today took the rating actions listed above. Overall, we believe that management has mitigated most of its environmental, social, and governance-related risk by adopting, adhering to, and adjusting operating and financial policies and procedures. We view water stress or potential of drought as heightened factor long-term. The Dallas MSA has had periods of drought, which, combined with regional growth, will pressure future water supply. However
