S&P Global Ratings assigned its 'AA' rating to Metropolitan District Hartford County (MDC), Conn.'s $84.7 million general obligation (GO) bonds, issue of 2023. At the same time, S&P Global Ratings affirmed its 'AA' rating on MDC's clean water project (CWP) revenue and revenue refunding bonds outstanding. S&P Global Ratings also affirmed its 'AA' rating on MDC's GO bonds outstanding. The outlook is stable. The district's full-faith-and-credit pledge secures the GO bonds. The clean water project charge (CWPC) revenues secure the revenue-supported bonds. The CWPC is available only to pay debt service on CWP-related debt and to pay capital expenditures for CWP capital expenses. The surcharge is not available to pay district operating expenses. Under the special obligation indenture that governs the
