S&P Global Ratings assigned its 'A+' long-term rating to Mount Vernon , Iowa's $2.5 million series 2025 general obligation (GO) capital loan notes. At the same time, we affirmed our ?A+? long-term and underlying ratings on the city's existing GO bonds and capital loan notes. The outlook is stable. The rating reflects the application of our criteria, " Methodology For Rating U.S. Governments ," published Sept. 9, 2024. SAN FRANCISCO (S&P Global Ratings) May 14, 2025--S&P Global Ratings today took the actions listed above. We analyzed the city's environmental, social, and governance factors relative to its economy, management, financial measures, and debt and liability profile and consider them to be neutral in our credit analysis. The stable outlook reflects our