S&P Global Ratings assigned its 'AAA' rating to Lewisville , Texas's approximately $16.4 million series 2025 general obligation (GO) refunding and improvement bonds. At the same time, we affirmed our 'AAA' rating on the city's GO bonds and certificates of obligation (COs). The outlook is stable. The ratings reflect the application of our methodology for rating U.S. governments , published Sept. 9, 2024, on RatingsDirect. ENGLEWOOD (S&P Global Ratings) May 14, 2025--S&P Global Ratings today took the rating actions listed above. The rating incorporates our view of environmental, social, and governance factors related to Lewisville's economy, management, financial measures, and debt and liability profile; we view them as neutral in our analysis. We view the risk of water stress and