S&P Global Ratings assigned its 'AAA' rating to the City of Overland Park , Kan.'s $28.9 million series 2025A general obligation (GO) bonds We also affirmed our 'AAA' rating on the city's outstanding GO debt. The outlook is stable. Overland Park's full-faith-and-credit pledge, including an unlimited ad valorem tax levied on all taxable property, secures the city's outstanding GO bonds. A portion of the city's GO debt outstanding is also payable, in part, from special assessments levied on property that benefited from improvements financed by the previously issued bonds. Our rating on these obligations is based on the city's GO pledge, and we do not separately analyze the special assessment pledge due to insufficient information. Officials plan to use the
