S&P Global Ratings assigned its 'AA-' rating to Sarasota County, Florida's $26.4 million series 2026 communication services tax (CST) revenue bonds. The outlook is stable. The series 2026 bonds are secured by a pledge of and lien upon communications services tax revenues received by the county from the local communications services tax clearing trust fund created with the Florida Department of Revenue (FDOR). Pursuant to section 202.20 of Florida statutes, Sarasota County is authorized to levy a discretionary CST on communications services that originate or terminate in the state of Florida and are charged to a service address in the county. Communications services include transmission, conveyance, or routing of voice, data, audio, video, or any other information or signals, including
