...August 2, 2023 DALLAS (S&P Global Ratings) Aug. 2, 2023--S&P Global Ratings assigned its '###' long-term rating to the City of San Antonio, Texas's following series 2023 debt in the approximate and projected amounts of: $160 million general improvement bonds; $23 million taxable general improvement bonds; $54 million combination tax and revenue certificates of obligation; $287 million taxable tax notes; and $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 outstanding and its '##+' long-term rating on the city's lease revenue bonds. The outlook is stable. Proceeds from the multiple series will fund various parks, recreation, streets, utilities, facility and technology improvements, affordable housing, and to provide interim financing for airport capital 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...
