S&P Global Ratings assigned its 'A-' long-term rating to the Kiowa County Public Facilities Authority, Okla.'s approximately $10 million series 2023 sales tax revenue bonds, issued for Kiowa County. The outlook is stable. The bonds are limited and special obligations of the Kiowa County Public Facilities Authority, which was created on July 17, 2023, for the use and benefit of Kiowa County. Revenue from a 1% sales tax and a 1% use tax pursuant to a sales tax agreement beginning Oct. 1, 2023, secures the bonds, valid for the life of the bonds, not to exceed 25 years, expiring Sept. 30, 2048. The sales tax revenue is committed by the county to the authority, subject to the annual appropriation of
