S&P Global Ratings assigned its ‘AAA’ rating to the City of Overland Park , Kansas’ $29.2 million series 2026A general obligation (GO) bonds. At the same time, we affirmed our ‘AAA’ rating on the city’s GO debt outstanding. The outlook is stable. Overland Park's full faith and credit, including revenue from an unlimited ad valorem tax levied on all taxable property, secures the city's GO bonds outstanding. Proceeds from the 2026A bonds will go toward the construction of public safety facilities, parks and recreations facilities, other city improvements, and the cost of issuance. A portion of Overland Park's GO debt outstanding is also payable, in part, from special assessments levied on property that benefited from improvements financed by proceeds from
