Research Update: Augusta, KS Series 2026-1 GO Temporary Notes Assigned 'SP-1+' Short-Term Rating; 'AA-' GO Bond Rating Affirmed - S&P Global Ratings’ Credit Research

Research Update: Augusta, KS Series 2026-1 GO Temporary Notes Assigned 'SP-1+' Short-Term Rating; 'AA-' GO Bond Rating Affirmed

Research Update: Augusta, KS Series 2026-1 GO Temporary Notes Assigned 'SP-1+' Short-Term Rating; 'AA-' GO Bond Rating Affirmed - S&P Global Ratings’ Credit Research
Research Update: Augusta, KS Series 2026-1 GO Temporary Notes Assigned 'SP-1+' Short-Term Rating; 'AA-' GO Bond Rating Affirmed
Published Jul 21, 2026
5 pages (2563 words) — Published Jul 21, 2026
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'SP-1+' short-term rating to the City of Augusta, Kansas? $7.33 million series 2026-1 general obligation (GO) temporary notes. At the same time, we affirmed our 'AA-' long-term rating on the city's existing GO bonds. The outlook is stable. The temporary notes shall be general obligations of the Issuer payable as to both principal and interest from the proceeds of future long-term bonds to permanently finance the Improvements and, if not so paid, from ad valorem taxes that may be levied without limitation as to rate or amount upon all the taxable tangible property, real and personal, within the territorial limits of the city. Augusta's full faith and credit, including revenue from ad valorem taxes that

  
Brief Excerpt:

...Institutional framework (IF) 2 Individual credit profile (ICP) 2.56 Economy 4.5 Financial performance 2 Reserves and liquidity 2 Management 2.30 Debt and liabilities 2.00...

  
Report Type:

Research Update

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Public Finance
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Augusta, KS Series 2026-1 GO Temporary Notes Assigned 'SP-1+' Short-Term Rating; 'AA-' GO Bond Rating Affirmed" Jul 21, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Augusta-KS-Series-2026-1-GO-Temporary-Notes-Assigned-SP-1-Short-Term-Rating-AA-GO-Bond-Rating-Affirmed-3598134>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Augusta, KS Series 2026-1 GO Temporary Notes Assigned 'SP-1+' Short-Term Rating; 'AA-' GO Bond Rating Affirmed Jul 21, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Augusta-KS-Series-2026-1-GO-Temporary-Notes-Assigned-SP-1-Short-Term-Rating-AA-GO-Bond-Rating-Affirmed-3598134>
  
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