S&P Global Ratings assigned its'AA+'long-term rating (based on credit enhancement) and'A'underlying rating to Edinburgh Community School Building Corp ., Indiana's expected $3.0 million series 2026 ad valorem property tax first mortgage bonds, issued for Edinburgh Community School Corp. (CSC). At the same time, S&P Global Ratings affirmed its'AA+'long-term rating (based on credit enhancement) and ‘A’ underlying rating on debt issued by and for the school corporation. The outlook is stable. The series 2026 ad valorem property tax first mortgage bonds and school corporation’s debt outstanding are secured by lease rentals payable from ad valorem property taxes, subject to state-imposed tax caps (circuit-breakers), which limit the property tax burden for taxpayers based on a percent
