S&P Global Ratings assigned its 'AA' long-term rating to Oak Park Village, Ill.'s series 2017A general obligation (GO) corporate purpose bonds, and to the village's 2017B and 2017C GO corporate purpose refunding bonds. The outlook is stable. The proposed $13.4 million in 2017A bonds will fund various capital improvement projects and are secured by revenue from the village's unlimited-tax GO pledge. The proposed $1.4 million of 2017B bonds and $2.9 million of 2017C bonds, which are currently refunding 2007 and 2007A bonds for interest cost savings, are secured by revenue from the village's unlimited-tax GO pledge. The rating reflects our view of the village's: Very strong economy, with access to a broad and diverse metropolitan statistical area (MSA); Strong management,
