S&P Global Ratings assigned its 'AA+' long-term rating to Seattle, Wash.'s series 2017 drainage and wastewater improvement and refunding revenue bonds. At the same time, S&P Global Ratings affirmed its 'AA+' rating on Seattle's existing drainage and wastewater system parity debt. The outlook on all ratings is stable. The long-term rating reflects, in our opinion, the combination of a very strong enterprise risk profile and a very strong financial risk profile. The very strong enterprise risk profile reflects our view of: Solid regional economy, with access to the broad and diverse Seattle-Tacoma-Bellevue metropolitan statistical area (MSA); City council's demonstrated ability and willingness to increase drainage and wastewater rates and pass through the county's rising sewer treatment costs, although, in our
