S&P Global Ratings assigned its 'AAA' rating to Plano , Texas' $45.1 million series 2025 waterworks and sewer system revenue bonds. At the same time, S&P Global Ratings affirmed its 'AAA' rating on the city's revenue bonds outstanding. The outlook is stable. SAN FRANCISCO (S&P Global Ratings) April 23, 2025-- S&P Global Ratings today took the rating actions listed above. Overall, we consider environmental, social, and governance risks neutral in our credit analysis. Though the city annually adjusts rates to pass on wholesaler costs to customers, we do not view affordability risk as elevated given its service area income levels and relatively low poverty rate. Management reports that the system is in compliance with all regulatory requirements. The stable outlook