S&P Global Ratings assigned its'A-'long-term rating to Harris County Municipal Utility District (MUD) No. 44 , Texas's $2 million series 2026 unlimited-tax bonds. At the same time, we affirmed our'A-'rating on the district’s outstanding general obligation debt. The outlook is stable. The bonds are payable from a continuing direct annual ad valorem tax levied, without legal limitation as to rate or amount, on all taxable property within the district. Bond proceeds will fund repair and replacement projects for the district’s water plant No. 1, GST 1&2. The rating reflects our view of the district’s strong reserves, stable and diverse tax base, and built-out status of development that we believe limits its capital needs compared to those
