S&P Global Ratings affirmed its 'AA' long-term rating on Gretna , La.?s outstanding general obligation debt. The rating reflects the application of our " Methodology For Rating U.S. Governments ," published Sept. 9, 2024. The outlook is stable. The city's public improvement bonds outstanding are secured by lawfully available funds of Gretna, which include, collectively, the funds, income, revenue, fees, receipts, or charges of any nature from any source whatsoever on deposit with or accruing from time to time to the city. Based on the application of our criteria " Issue Credit Ratings Linked To U.S. Public Finance Obligors? Creditworthiness ," (published Nov. 20, 2019 on RatingsDirect), we view the lawfully available pledge on par with the city's general creditworthiness
