S&P Global Ratings assigned its 'AA' rating to Jefferson County Board of Education, Ky.'s anticipated $139.72 million general obligation (GO) bonds, series 2024A. At the same time, S&P Global Ratings affirmed its 'AA' issuer credit rating (ICR) on the district and its 'AA-' long-term rating on Jefferson County School District Finance Corp.'s appropriation debt issued for the district. The outlook is stable. The bonds are secured by all lawfully available funds of the district. According to our "Issue Credit Ratings Linked To U.S. Public Finance Obligors' Creditworthiness" criteria, published Nov. 20, 2019, we rate the bonds to be on par with the district ICR because we believe its ability to pay the obligation is closely tied to its operations, which
