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 17, 2024
6 pages (2765 words) — Published May 17, 2024
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Abstract:

S&P Global Ratings assigned its 'AA+' rating to Sarasota County, Fla.'s $25.5 million series 2024C capital improvement revenue bonds. 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 Sarasota County's share of the local government half-cent sales tax secure the bonds, which are on parity with the county's series 2017; series 2018A and B; series 2019A, B, and C; series 2020; series 2023A and B; and series 2024A and B capital improvement revenue bonds and revenue refunding bonds outstanding. The current issuance will fund the construction of a Sarasota County Regional Fire Training Academy and related facilities. Sarasota County's

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' rating to Sarasota County, Fla.'s $25.5 million series 2024C capital improvement revenue bonds. + 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 17, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Sarasota-County-Florida-General-Obligation-Sales-Tax-3176160>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Sarasota County, Florida; General Obligation; Sales Tax May 17, 2024. 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-3176160>
  
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