S&P Global Ratings has assigned its 'A' rating to the City of Austin, Texas' $203.1 million series 2017A and series 2017B $143.7 million airport revenue bonds, issued for Austin Bergstrom International Airport (ABIA) At the same time, S&P Global Ratings has affirmed its 'A' rating on the airport's revenue bonds outstanding. In addition, S&P Global Ratings has affirmed its 'AA' rating on Austin's series 2005 variable-rate demand obligations, the latter following application of its joint criteria. The outlook on all ratings is stable. The rating reflects our assessment of the following factors: A strong and growing service area economy that benefits from low unemployment rates and an increasing population; Very strong historical enplanement growth averaging 5.8% from 2012-2016, which we
