S&P Global Ratings assigned its 'AA+' long-term rating to Sarasota County , Fla.'s $32.25 million series 2026 utility system revenue refunding bonds. The outlook is stable. ENGLEWOOD (S&P Global Ratings) Nov. 18, 2025--S&P Global Ratings today took the rating actions listed above. We believe that despite the county's coastal location and outsized risk of severe weather events, management has adequately incorporated key environmental vulnerabilities into its risk and asset management planning. We view social and governance factors as credit neutral. The stable outlook reflects our expectation that the system will continue to produce extremely strong debt service coverage (DSC) as it addresses its ongoing capital needs, through its routine rate adjustments. The rating incorporates the anticipated reduction in cash reserves
