S&P Global Ratings assigned its 'AA+' long-term rating to the Triborough Bridge&Tunnel Authority (TBTA), N.Y.'s senior lien payroll mobility tax (PMT) green bonds series 2022, consisting of the subseries 2022E-1 fixed-rate bonds, subseries 2022E-2a variable-rate bonds, and subseries 2022E-2b fixed-rate bonds. The outlook is stable. The bonds are secured by pledged revenues consisting of PMT and aid trust account (ATA) revenues. These pledged revenues become subject to a statutory lien immediately when transferred from the state comptroller (who transfers the revenue) to the Metropolitan Transportation Authority (MTA) into their specified accounts. PMT revenues consist of a 0.34% employer mobility tax collected from private- and public-sector employers within the Metropolitan Commuter Transportation District (MCTD) (excluding federal, international, and interstate
