S&P Global Ratings assigned its ?A+? long-term rating to Spring Lake Special Assessment District , Mich.?s estimated $2.5 million spring lake special assessment bonds, series 2025, reflecting a general obligation backing of the City of Ferrysburg , Mich. The outlook is stable. The rating is based on the application of our ? Methodology For Rating U.S. Governments ? criteria, published Sept. 9, 2024. CHICAGO (S&P Global Ratings) April 30, 2025--S&P Global Ratings today took the rating actions listed above. We consider environmental, social, and governance factors neutral within our analysis. The stable outlook reflects our view of the city?s steady tax base, supporting predictable revenues, along with minimal liabilities and strong reserves, which support flexibility. We could consider a negative
