S&P Global Ratings assigned its 'SP-1+' short-term rating to Mahoning County , Ohio's approximately $10.35 million series 2025 general obligation (GO; limited-tax) various-purpose notes. At the same time, we affirmed our 'AA-' long-term rating on the county's outstanding GO debt and our 'SP-1+' short-term rating. The outlook, where applicable, is stable. CHICAGO (S&P Global Ratings) Aug. 28, 2025-- S&P Global Ratings today took the rating actions listed above. Declining population is a social capital risk negatively factored into our economic and financial analysis; otherwise, environmental and governance factors are neutral. The stable outlook reflects our expectation that the county can sustain balanced budgetary performance, supported by strong financial oversight and flexibility in the form of limited liabilities and fixed costs,