S&P Global Ratings assigned its 'AA' long-term rating to the Temple , Texas' approximately $38.275 million series 2025 general obligation (GO) refunding bonds, $53 million series 2025 combination tax and revenue certificates of obligation (COs), and $6.9 million series 2025 limited-tax notes. At the same time, we affirmed our 'AA' long-term rating on the city?s existing GO debt. The ratings reflect the application of our ? Methodology For Rating U.S. Governments ,? published Sept. 9, 2024. The outlook is stable. The notes, bonds, and certificates are direct obligations of the city, payable from the proceeds of a continuing, direct annual ad valorem tax, within the limits prescribed by law, on all taxable property within its borders. A limited pledge of
