S&P Global Ratings raised its rating on Jeffersonville, Ind.'s sewer revenue debt one notch to 'A+' from 'A'. The outlook is stable. The rating action reflects our opinion of the system's continued maintenance of strong debt service coverage (DSC) when including capacity fees and improved cash. Management's prudent practices, coupled with five years of annual increases, have improved the system's financial performance. S&P Global Ratings assigned its 'A+' rating and stable outlook to the city's series 2017A and 2017B sewer revenue bonds. The enterprise risk profile reflects our opinion of the system's: Service area participation in the Louisville-Jefferson County metropolitan statistical area economy in Kentucky and Indiana; Very low industry risk as a monopolistic service provider of an essential public
