S&P Global Ratings assigned its 'AA+' rating to Washington County , Md.'s series 2025 $30.955 million public improvement and refunding general obligation (GO) bonds. At the same time, we affirmed our 'AA+' rating on the county's GO debt outstanding. The outlook is stable. The rating reflects the application of our " Methodology for Rating U.S. Governments ," criteria, published Sept. 9, 2024, on RatingsDirect. The county's full-faith-and-credit pledge and unlimited taxing power secure the GO bonds and debt outstanding. Series 2025 bond proceeds will provide $17.6 million in new money to finance various capital investments in infrastructure, public safety, education, and environmental projects, as well as $13.27 million to refund the county's 2015 public improvement and refunding bonds for net
