S&P Global Ratings assigned its ?AA? long-term rating to Broken Arrow , Okla.?s $14.5 million series 2025A general obligation (GO) bonds and $2.5 million series 2025B GO bonds. The outlook is stable. Broken Arrow?s 2025A, 2025B, and previously issued GO bonds are secured by revenue from an ad valorem tax levied on all taxable property without limitation as to rate or amount within the city. Proceeds of the 2025A bonds will be used for street construction and repair and stormwater facility construction and repair. Proceeds of the 2025B bonds will be used for drainage improvements. The rating reflects our view of the city?s economic strength and healthy reserves, supported by its stable financial performance. Located approximately 15 miles southeast of
