Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to Austin, Texas' series 2014 public improvement bonds (tax exempt), series 2014 certificates of obligation (tax exempt), series 2014 public property finance contractual obligations (tax exempt), series 2014 public improvement bonds (taxable), and series 2014 certificates of obligation (taxable). At the same time, Standard&Poor's assigned its 'AA+' long-term rating to Mueller Local Government Corp.'s series 2014 tax increment contract revenue bonds issued for Austin. Finally, Standard&Poor's affirmed its 'AAA' long-term rating and underlying rating (SPUR) on the city's general obligation (GO) debt outstanding, as well as its 'AA+' long-term rating on the city's existing appropriation debt, issued by Mueller Local Government Corp. for Austin. The outlook
