S&P Global Ratings assigned its'A'long-term rating to Bissonnet Municipal Utility District (MUD), Texas'$15.0 million series 2026 waterworks and sewer system combination unlimited-tax and revenue bonds. At the same time, S&P Global Ratings affirmed its'A'underlying rating (SPUR) on the district’s existing general obligation debt. The outlook is stable. An unlimited ad valorem tax levied on all taxable property in the district and from certain net revenues, if any, of the district's waterworks and sewer system secure the bonds. The rating on these bonds reflects the district's unlimited ad valorem tax pledge as we do not have sufficient information to rate the revenue pledge. Officials intend to use the series 2026 bond proceeds for various water and
