S&P Global Ratings assigned its'A+'long-term rating to Selma Unified School District (USD) , California's estimated $14 million (election of 2022) series C general obligation (GO) bonds and $6.765 million series 2026 GO refunding bonds. At the same time, S&P Global Ratings affirmed its'A+'underlying rating (SPUR) on the district’s GO debt outstanding. The outlook is stable. The bonds are general obligations of the district, payable solely from ad valorem property taxes levied on taxable property within the district. Proceeds from the series C bonds will finance the acquisition, construction, and improvement of district facilities and pay the cost of issuance. Proceeds from the 2026 refunding bonds will be used to refund a portion or all of the
