S&P Global Ratings revised the outlook to positive from stable and affirmed its ?AA? rating on Celina , Texas? general obligation (GO) bonds and certificates of obligation (COs) outstanding. At the same time, S&P Global Ratings assigned its ?AA? long-term rating to Celina?s approximately $12.7 million series 2025 GO refunding bonds, and approximately $148 million series 2025 tax and waterworks and sewer system (limited pledge) revenue COs. The revised outlook reflects the city?s rapid tax base and revenue growth alongside its implementation of formalized long-term planning practices. The rating reflects the application of our " Methodology For Rating U.S. Governments ," published Sept. 9, 2024. A direct ad valorem tax levied on all taxable property in the city, within the
