S&P Global Ratings assigned its 'AA' long-term rating to New York City 's anticipated $1.5 billion fiscal 2027 series A (tax-exempt) general obligation (GO) bonds. The outlook is stable. NEW YORK (S&P Global Ratings) July 31, 2026— S&P Global Ratings today took the rating actions listed above. The stable outlook reflects our view of New York City's resilient economy, and our expectation that steady economic and revenue growth conditions during the outlook horizon will continue to support its budgetary needs. The outlook further incorporates the city's robust governance framework and financial management, in conjunction with internal and independent oversight, that underpin the city's ability to navigate uncertainties and maintain financial stability amid current financial challenges, shifting geopolitical risks, and federal
