Summary: Hudson County Improvement Authority, New Jersey Hudson County; Appropriations; General Obligation; General Obligation Equivalent Security; Note; School State Program

S&P Global Ratings assigned its 'SP-1+' short-term rating to Hudson County Improvement Authority, N.J.'s roughly $13.5 million series 2024 county-guaranteed project notes, issued for Hudson County. In addition, S&P Global Ratings affirmed its 'SP-1+' short-term rating on the authority's existing county-guaranteed pool notes, issued for the county. Finally, S&P Global Ratings affirmed its 'AA' long-term rating on Hudson County's general obligation (GO) debt and county-guaranteed GO-backed debt, previously issued by the authority, based on the application of its criteria, "Methodology For Rating U.S. Governments," published Sept. 9, 2024, on RatingsDirect. The outlook on the long-term rating is stable. The rating on the series 2024 county-guaranteed notes and other county-guaranteed debt reflects our view of Hudson County's unconditional guarantee for full

...+ S&P Global Ratings assigned its 'SP-1+' short-term rating to Hudson County Improvement Authority, N.J.'s roughly $13.5 million series 2024 county-guaranteed project notes, issued for Hudson County. + In addition, S&P Global Ratings affirmed its 'SP-1+' short-term rating on the authority's existing county-guaranteed pool notes, issued for the county. + Finally, S&P Global Ratings affirmed its '##' long-term rating on Hudson County's general obligation (GO) debt and county-guaranteed GO-backed debt, previously issued by the authority, based on the application of its criteria, "Methodology For Rating U.S. Governments," published Sept. 9, 2024, on RatingsDirect. + The outlook on the long-term rating is stable....

Summary