Summary: Sarasota County, Florida; General Obligation; Sales Tax - S&P Global Ratings’ Credit Research

Summary: Sarasota County, Florida; General Obligation; Sales Tax

Summary: Sarasota County, Florida; General Obligation; Sales Tax - S&P Global Ratings’ Credit Research
Summary: Sarasota County, Florida; General Obligation; Sales Tax
Published May 24, 2023
7 pages (2999 words) — Published May 24, 2023
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+' rating to Sarasota County, Fla.'s series 2023A capital improvement revenue bonds ($24.3 million). At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating on the county's capital improvement revenue bonds. The outlook is stable. A lien and pledge on revenue from the county's share of the local government half-cent sales tax secure the bonds, which are on parity with the county's series 2017, 2018A, 2018B, 2019A, 2019B, 2019C, and 2020 capital improvement revenue bonds and revenue refunding bonds outstanding. The current issuance will fund the design and construction of a new mosquito management facility and a new emergency services administration building. Sarasota County's pledged half-cent sales tax revenues have remained resilient through

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' rating to Sarasota County, Fla.'s series 2023A capital improvement revenue bonds ($24.3 million). + At the same time, S&P Global Ratings affirmed its '##+' long-term rating on the county's capital improvement revenue bonds. + The outlook is stable....

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Sarasota County, Florida; General Obligation; Sales Tax" May 24, 2023. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Sarasota-County-Florida-General-Obligation-Sales-Tax-2991068>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Sarasota County, Florida; General Obligation; Sales Tax May 24, 2023. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Sarasota-County-Florida-General-Obligation-Sales-Tax-2991068>
  
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