S&P Global Ratings affirmed its 'AA+' long-term rating on Orange County, Fla.'s half-cent sales tax bonds outstanding. At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating on the county's previously issued public service tax (PST) bonds. Finally, S&P Global Ratings affirmed its 'AA-' long-term rating on the county's tourist development tax (TDT) revenue bonds outstanding. The outlook is stable. The ratings reflect the application of our priority-lien tax revenue debt criteria, published Oct. 22, 2018, on RatingsDirect, which factors in both the strength and stability of pledged revenue and the general creditworthiness of the municipality. The securities for each of the county's priority-lien debt issuances are as follows: Half-cent sales tax revenue bonds: A first lien on
