S&P Global Ratings assigned its 'AA+' rating to Sarasota County, Fla.'s $25.725 million series 2024A and $24.075 million 2024B 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, 2020, 2023A, and 2023B capital improvement revenue bonds and revenue refunding bonds outstanding. The 2024A issuance will finance acquisition, construction, and equipping of a sports stadium to include various youth and adult sports fields and multiple buildings, as well as other capital projects approved by the County. The 2024B issuance will finance the costs for acquisition, construction, and equipping
