S&P Global Ratings assigned its 'AAA' long-term rating to the Colorado Water Resources and Power Development Authority's approximately $44.670 million series 2024A and 2024B state revolving fund (SRF) revenue bonds. At the same time, S&P Global Ratings affirmed its 'AAA' long-term ratings on the authority's clean and drinking water debt outstanding. The outlook is stable. Proceeds from the series 2024A and 2024B bonds will fund loans to governmental municipal borrowers for improvements to wastewater and water facilities. Bond security includes loan repayments from specific borrowers, funded by their respective bond series, and excess payments from the revolving funds' leveraged, equity funded, and direct loan programs, as well as money from certain funds, accounts, and subaccounts. Each bond series is not
