S&P Global Ratings assigned 'AA+' rating to Orange County, Fla.'s series 2019 taxable sales tax revenue refunding bonds. The outlook is stable. The series 2019 bonds and parity bonds are secured by a first-lien pledge of the county's apportionment of the half-cent sales tax distributed monthly from the local government half-cent sales tax clearing trust fund of the state treasury secures the bonds. The series 2019 bonds, in conjunction with a contribution from available funds, will refund parity debt for present value savings. The rating is supported by Orange County's growing economy, which we consider broad and diverse, in addition to a thriving tourism industry highlighted by national tourist attractions including Walt Disney World, Epcot, Sea World Orlando, Disney's Animal
