Standard&Poor's Ratings Services assigned its 'AAA' rating to the Orange County Utilities (OCU), Fla.'s series 2016 water and wastewater utility revenue bonds. Standard&Poor's also assigned its 'AAA' underlying rating (SPUR) to OCU. The outlook is stable. The rating reflects the system's extremely strong financial profile, along with consistently high economic growth in the area. The enterprise risk profile is the result of the system's: Service area with moderate wealth and income indicators and low unemployment, Affordable water rates representing 1.7% of median household income, Low-risk operations characterized by ample water and wastewater capacity, and Strong operational management. The financial risk profile reflects the system's: Extremely strong all-in debt service coverage (DSC) levels, Strong liquidity with over
