S&P Global Ratings assigned its 'AAA' rating to the District of Columbia's series 2019A, 2019B, and 2019C income tax-secured revenue and revenue refunding bonds. At the same time, S&P Global Ratings affirmed its 'AAA' rating on the District's income tax revenue bonds outstanding. The outlook is stable. The ratings reflect the application of our "Priority-Lien Tax Revenue Debt," published Oct. 22, 2018, which factors in both the strength and stability of pledged revenue and the general creditworthiness of the municipality. The 2019A and 2019B bonds represent new money that will be used to fund a portion of the District's current capital improvement plan. The 2019C bonds will be used to refund a portion of previously issued debt. The current issuance
