S&P Global Ratings assigned its 'AA+' long-term rating to Saratoga Springs City School District (CSD), N.Y.'s $1.723 million series 2025 general obligation (GO) school district serial bonds. At the same time, S&P Global Ratings affirmed its 'AA+' rating on the district's long-term GO debt outstanding. The outlook is stable. The district's faith-and-credit pledge to levy ad valorem taxes, without limitation as to rate or amount, secures the bonds and GO debt outstanding. Bond proceeds will finance the district's annual bus purchases. The rating reflects our view of Saratoga Springs CSD's continuing trend of surplus financial performance, further bolstering its robust reserve position, coupled with its stable local economy. Benefitting the rating are the district's economic base, particularly its local incomes
