Standard&Poor's Ratings Services assigned its 'AA-' long-term rating to Cincinnati's series 2015D unlimited-tax general obligation (GO) judgment bonds. At the same time, Standard&Poor's affirmed its: 'AA-' long-term and underlying rating (SPUR) on the city's existing unlimited-tax GO bonds, and 'A+' long-term rating on the city's nontax revenue bonds. The outlook on all ratings is stable. The city's unlimited-tax GO pledge secures the series 2015D GO judgment bonds and the city's existing GO bonds. The city may also covenant to annually appropriate additional income tax revenue to pay debt service on various portions of the bonds; the ratings are based solely on the GO pledge. The city's nontax revenue bond rating of 'A+' is one notch below
