Summary: Omaha, Nebraska; Appropriations; General Obligation; General Obligation Equivalent Security

S&P Global Ratings assigned its 'AA+' long-term rating to the City of Omaha, Neb.'s anticipated $7.2 million series 2022A special tax revenue redevelopment and refunding bonds. At the same time, we affirmed our: 'AA+' rating on Omaha Parking Facilities Corp.'s and Omaha Public Facilities Corp.'s existing lease revenue bonds, also issued for Omaha; 'AA+' rating on the city's existing GO and special tax revenue bonds; and 'AA+' rating on the Omaha-Douglas Public Building Commission's debt outstanding. The outlook on all ratings is stable. Omaha's outstanding special tax revenue bonds are secured by a special tax levied by the city pursuant to the Community Development Law for community redevelopment purposes in an amount not to exceed 2.6 cents on each $100

...S&P Global Ratings assigned its '##+' long-term rating to the City of Omaha, Neb.'s anticipated $7.2 million series 2022A special tax revenue redevelopment and refunding bonds. At the same time, we affirmed our: + '##+' rating on Omaha Parking Facilities Corp.'s and Omaha Public Facilities Corp.'s existing lease revenue bonds, also issued for Omaha; + '##+' rating on the city's existing GO and special tax revenue bonds; and + '##+' rating on the Omaha-Douglas Public Building Commission's debt outstanding. The outlook on all ratings is stable. Omaha's outstanding special tax revenue bonds are secured by a special tax levied by the city pursuant to the Community Development Law for community redevelopment purposes in an amount not to exceed 2.6 cents on each $100 of the actual value of all the taxable property in the city, except intangible property. Based on the application of our criteria "Issue Credit Ratings Linked To U.S. Public Finance Obligors' Creditworthiness (RLOC)" (published Nov....

Summary