S&P Global Ratings assigned its 'AAA' long-term rating to Plano , Texas' $4.88 million series 2025 municipal drainage utility system revenue bonds. At the same time, S&P Global Ratings affirmed its 'AAA' rating on the city?s municipal drainage utility system revenue bonds outstanding. The outlook is stable. SAN FRANCISCO (S&P Global Ratings) April 25, 2025—S&P Global Ratings today took the rating actions listed above. Overall, we believe that management has mostly mitigated environmental, social, and governance-related factors by adhering to state- and federally-mandated operating and financial policies and procedures. We also believe that the city has mitigated environmental risk, primarily related to severe weather events with the it's stream bank stabilization projects. The stable outlook reflects our expectation that the