S&P Global Ratings assigned its ?AA? long-term rating to Moore Norman Technology Center School District No. 17 , Okla.'s roughly $90 million series 2025 federally taxable general obligation (GO) bonds. S&P Global Ratings also affirmed its ?AA? long-term rating on the district?s existing GO debt. The outlook is stable. The rating reflects the application of its criteria, ? Methodology For Rating U.S. Governments ,? published Sept. 9, 2024, on RatingsDirect. Revenue from an ad valorem tax, without limitation as to rate or amount, levied annually on all taxable property within the district, secures the series 2025 and existing GO bonds. Officials intend to use series 2025 bond proceeds to address growing demand for programming, including the construction of the district?s
