Summary: Omaha, Nebraska; Appropriations; General Obligation - S&P Global Ratings’ Credit Research

Summary: Omaha, Nebraska; Appropriations; General Obligation

Summary: Omaha, Nebraska; Appropriations; General Obligation - S&P Global Ratings’ Credit Research
Summary: Omaha, Nebraska; Appropriations; General Obligation
Published Nov 20, 2024
6 pages (2401 words) — Published Nov 20, 2024
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to Omaha, Neb.'s approximately $64 million series 2024 various purpose bonds and $31.9 million series 2025A and $7.8 million series taxable series 2025B lease revenue bonds, based on the application of its "Methodology For Rating U.S. Governments," published Sept. 9, 2024. The outlook is stable. The series 2024C lease revenue bonds are secured by an unconditional obligation to make rental payments from legally available funds. The city's obligation is unconditional throughout the term of the lease and is not subject to abatement or annual renewal. Omaha's obligations under the lease-purchase agreements are a GO of the city, and the city is required to include appropriations for paying the annual lease-purchase obligations in

  
Brief Excerpt:

...Institutional framework (IF) 2 Individual credit profile (ICP) 1.90 Economy 1.0 Financial performance 1 Reserves and liquidity 1 Debt and liabilities 4.50 Management 2.00...

  
Report Type:

Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Omaha, Nebraska; Appropriations; General Obligation" Nov 20, 2024. Alacra Store. Nov 08, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Omaha-Nebraska-Appropriations-General-Obligation-3317105>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Omaha, Nebraska; Appropriations; General Obligation Nov 20, 2024. New York, NY: Alacra Store. Retrieved Nov 08, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Omaha-Nebraska-Appropriations-General-Obligation-3317105>
  
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