S&P Global Ratings assigned its ?AA+? long-term rating to Madison Metropolitan School District , Wis.? anticipated $170.7 million series 2025A general obligation (GO) promissory notes. At the same time, we assigned our ?SP-1+? rating on the district?s anticipated $29 million series 2025B taxable general obligation (GO) notes. S&P Global Ratings also affirmed its ?AA+? long-term rating on the district?s existing GO debt and ?SP-1+? rating on its existing series 2024 tax and revenue anticipation promissory notes. The outlook is stable. The series 2025A bonds are secured by the district?s unlimited tax GO pledge and authorized by district voters by referendum in Nov. 2024. The short-term note rating reflects our criteria for evaluating and rating bond anticipation notes and note anticipation
