...August 1, 2024 DALLAS (S&P Global Ratings) Aug. 1, 2024--S&P Global Ratings assigned its '###' long-term rating to the following City of San Antonio, Texas' series 2024 debt in the approximate and projected amounts of: $177.13 million general improvement bonds; $32.35 million taxable combination tax and revenue certificates of obligation; $104.10 million combination tax and revenue certificates of obligation; and $55.31 million tax notes. At the same time, S&P Global Ratings affirmed its '###' long-term rating on San Antonio's general obligation (GO) debt and its '##+' long-term rating on the city's lease revenue bonds outstanding. The outlook is stable. Proceeds from the multiple series will fund various parks, recreation, streets, utilities, facility and technology improvements. The GO bonds, certificates, and notes are secured by the city's revenue from an annual ad valorem tax on all taxable property in San Antonio. The maximum allowable rate in Texas is $2.50 per $100 of assessed value...
