Summary: Sacramento County Sanitation Districts Financing Authority, California Sacramento Regional County Sanitation District; Joint Criteria; Water/Sewer

S&P Global Ratings assigned its 'AA' long-term rating to the Sacramento County Sanitation Districts Financing Authority, Calif.'s senior-lien series 2020A revenue bonds and 2020B taxable revenue bonds, issued for the Sacramento Regional County Sanitation District. At the same time, S&P Global Ratings affirmed its 'AA' long-term rating and underlying rating (SPUR) on the district's existing senior-lien revenue bonds, its 'AA-' SPUR on the district's existing subordinate-lien revenue bonds, and 'AA+/A-1' rating on the district's subordinate-lien variable-rate demand obligation bonds, series 2000C. The outlook on all ratings is stable, wherever applicable. The series 2020A revenue bonds will have an estimated par of approximately $214.7 million, and will be used to pay the costs of certain facilities and upgrades to the wastewater

...S&P Global Ratings assigned its '##' long-term rating to the Sacramento County Sanitation Districts Financing Authority, Calif.'s senior-lien series 2020A revenue bonds and 2020B taxable revenue bonds, issued for the Sacramento Regional County Sanitation District. At the same time, S&P Global Ratings affirmed its '##' long-term rating and underlying rating (SPUR) on the district's existing senior-lien revenue bonds, its '##-' SPUR on the district's existing subordinate-lien revenue bonds, and '##+/A-1' rating on the district's subordinate-lien variable-rate demand obligation bonds, series 2000C. The outlook on all ratings is stable, wherever applicable. The series 2020A revenue bonds will have an estimated par of approximately $214.7 million, and will be used to pay the costs of certain facilities and upgrades to the wastewater conveyance, treatment, and disposal system, specifically projects related to the EchoWater Project to enhance the wastewater treatment plant's capability to treat...

Summary