S&P Global Ratings assigned its 'AAA' long-term rating to Plano , Texas? approximately $89.5 million series 2025 general obligation (GO) refunding and improvement bonds. At the same time, we affirmed our 'AAA' rating on the city?s GO debt outstanding. The ratings are based on the application of our criteria, " Methodology For Rating U.S. Governments ," published Sept. 9, 2024. The outlook is stable. ENGLEWOOD (S&P Global Ratings) April 17, 2025— S&P Global Ratings today took the rating actions listed above. We view Plano?s environmental, social, and governance factors as neutral in our credit analysis. The stable outlook reflects our expectation that the city will effectively manage flattening revenues and increasing operating costs to maintain positive budgetary performance and reserves
