S&P Global Ratings assigned its'AA'long-term rating to Dayton , Ohio's anticipated $21.15 million series 2026 limited-tax general obligation (GO) various improvement bonds. At the same time, S&P Global Ratings affirmed its'AA'long-term rating on the city's GO and nontax revenue debt outstanding. The outlook is stable. The city's full faith and credit and agreement to levy ad valorem property taxes within the 10-mill limitation, subject to the city's charter, secure the 2026 limited-tax GO bonds. We rate the limited-tax GO debt at the same level as our view of the city's general creditworthiness given the full-faith-and-credit pledge and the flexibility of the city's general resources to pay debt service. Bond proceeds will finance various capital improvements, including
