Summary: New York State; Appropriations; Gas Tax; General Obligation; Joint Criteria; Miscellaneous Tax; Non-School State Programs; Sales Tax; School State Program

S&P Global Ratings maintains its stable outlook while affirming its 'AA+' rating on the New York State's general obligation (GO) debt outstanding and its 'AA' rating on the state's appropriation-backed obligation debt with various issuers and entities. In addition, S&P Global Ratings affirmed its 'AAA/A-1+', 'AAA/A-1', 'AA+/A-1', 'AA,A-1' joint support and dual ratings on various issues where the short-term ratings are based on the liquidity support from various financial institutions. We also affirmed our long-term rating with a stable outlook on various revenue bonds, rated under our "Priority-Lien Tax Revenue Debt" criteria (published Oct. 22, 2018 on RatingsDirect), which factors in both the strength and stability of the pledged revenues, as well as the general creditworthiness of the linked obligor,

...S&P Global Ratings maintains its stable outlook while affirming its '##+' rating on the New York State's general obligation (GO) debt outstanding and its '##' rating on the state's appropriation-backed obligation debt with various issuers and entities. In addition, S&P Global Ratings affirmed its '###/A-1+', '###/A-1', '##+/A-1', '##,A-1' joint support and dual ratings on various issues where the short-term ratings are based on the liquidity support from various financial institutions. We also affirmed our long-term rating with a stable outlook on various revenue bonds, rated under our "Priority-Lien Tax Revenue Debt" criteria (published Oct. 22, 2018 on RatingsDirect), which factors in both the strength and stability of the pledged revenues, as well as the general creditworthiness of the linked obligor, in this case the state of New York. The priority-lien rating on the bonds is limited by the state's creditworthiness (GO rating). We also affirmed the following ratings, including our:...

Summary