...S&P Global Ratings assigned its '###' rating to the City of Austin, Texas' following series 2021 issuances: + $159.5 million public improvement and refunding bonds; + $37.8 million certificates of obligation; + $28.3 million public property finance contractual obligations; + $82.2 million taxable public improvement and refunding bonds; and + $20.1 million taxable certificates of obligation. At the same time, S&P Global Ratings affirmed its '###' rating on the city's general obligation (GO) debt and certificates of obligation outstanding. The outlook is stable. In addition, S&P Global Ratings affirmed its '##+' rating on Mueller Local Government Corp.'s appropriation debt, supported by the city. The outlook is also stable. Each series of the obligations being issued constitutes a direct obligation of the city, payable from a continuing, direct annual ad valorem tax levied, within the limits prescribed by law, on all taxable property located within the city in an amount sufficient to provide...
