S&P Global Ratings assigned its 'AA' long-term rating to the city of Temple, Texas' series 2017 utility system revenue bonds. At the same time, we affirmed our 'AA' rating on the city's outstanding system revenue bonds. The rating reflects the combination of very strong enterprise and financial risk profiles. The outlook is stable. The enterprise risk profile reflects our view of the system's: Service area participation in the namesake Temple-Belton-Killeen metropolitan statistical area (MSA) economy, with a regional employment base anchored by major health care facilities and Fort Hood and that has performed well for an extended period of time; Favorable operations, with a secure and diverse long-term water supply that can already support a much larger population; and Rates
