S&P Global Ratings assigned its 'AA' long-term rating to Red Oak , Texas' approximately $16.6 million series 2025 combination tax and revenue certificates of obligation (COs). At the same time, S&P Global Ratings affirmed its 'AA' long-term rating on the city's existing COs and general obligation (GO) debt. The outlook is stable. ENGLEWOOD (S&P Global Ratings) Sep. 19, 2025--S&P Global Ratings today took the rating actions listed above. We view the city's environmental, social, and governance factors as neutral in our analysis. The stable outlook reflects our view that Red Oak will maintain its stable financial performance and healthy reserve levels while managing its elevated debt burden, supported by its tax base and revenue growth through our outlook horizon. Should
