S&P Global Ratings assigned its'AA'long-term rating (based on credit enhancement) and'A'underlying rating to Taylor School District (Wayne County), Michigan's $25 million school building and site bonds, series 2026. S&P Global Ratings also affirmed its'A'underlying rating on the district's outstanding general obligation debt. The outlook is stable. Series 2026 bonds are voter approved, thus are secured by the district's unlimited full-faith-and-credit pledge with proceeds financing renovations at the high school. The'AA'long-term rating reflects our view of the district's participation in the Michigan School Bond Qualification and Loan Program. For more information, see"Michigan Credit Enhancement Programs ,"July 10, 2024 . The underlying rating reflects our view of the district's stable tax
