Research Update: Mahoning County, OH Limited Tax GO Various Purpose Notes Assigned 'SP-1+' Rating - S&P Global Ratings’ Credit Research

Research Update: Mahoning County, OH Limited Tax GO Various Purpose Notes Assigned 'SP-1+' Rating

Research Update: Mahoning County, OH Limited Tax GO Various Purpose Notes Assigned 'SP-1+' Rating - S&P Global Ratings’ Credit Research
Research Update: Mahoning County, OH Limited Tax GO Various Purpose Notes Assigned 'SP-1+' Rating
Published Aug 28, 2025
5 pages (2616 words) — Published Aug 28, 2025
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'SP-1+' short-term rating to Mahoning County , Ohio's approximately $10.35 million series 2025 general obligation (GO; limited-tax) various-purpose notes. At the same time, we affirmed our 'AA-' long-term rating on the county's outstanding GO debt and our 'SP-1+' short-term rating. The outlook, where applicable, is stable. The 2025 notes as well as the county's outstanding GO debt are secured by its full faith credit and resources and an agreement to levy ad valorem property taxes within its share of its 10-mill limitation. We rate its limited-tax bonds based on our view of its general creditworthiness, given that ad valorem taxes are collected from its entire tax base and because of a lack of limitations on

  
Brief Excerpt:

...Institutional framework (IF) 2 Individual credit profile (ICP) 2.25 Economy 5.0 Financial performance 2 Reserves and liquidity 1 Management 2.00 Debt and liabilities 1.25...

  
Report Type:

Research Update

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Mahoning County, OH Limited Tax GO Various Purpose Notes Assigned 'SP-1+' Rating" Aug 28, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Mahoning-County-OH-Limited-Tax-GO-Various-Purpose-Notes-Assigned-SP-1-Rating-3432738>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Mahoning County, OH Limited Tax GO Various Purpose Notes Assigned 'SP-1+' Rating Aug 28, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Mahoning-County-OH-Limited-Tax-GO-Various-Purpose-Notes-Assigned-SP-1-Rating-3432738>
  
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