S&P Global Ratings assigned its ?AAA? long-term rating to Austin , Texas? proposed $384.4 million series 2025 public improvement and refunding bonds, $84.7 million taxable series 2025 public improvement bonds, $273.3 million series 2025 certificates of obligation, $29.9 million taxable series 2025 certificates of obligation, and $38 million series 2025 public property finance contractual obligations. At the same time, we affirmed our 'AAA' rating on the city's existing general obligation (GO) debt and certificates of obligation. We also affirmed our 'AA+' rating on Mueller Local Government Corp. 's appropriation debt, supported by the city. The outlook is stable. The rating is based on the application of our " Methodology For Rating U.S. Governments ,? Sept. 9, 2024. Each of the
