Summary: Williamson County, Texas; General Obligation

S&P Global Ratings has assigned its 'AAA' long-term rating to Williamson County, Texas' series 2020 unlimited-tax road bonds and limited-tax refunding and park bonds. At the same time, we affirmed our 'AAA' long-term rating and underlying rating on the county's previously issued general obligation (GO) debt. The outlook on all ratings is stable. The road bonds constitute direct obligations of the county payable from the levy and collection of a direct and continuing ad valorem tax levied, on all taxable property located within the county, without legal limitation as to rate or amount. The refunding and park bonds are direct obligations of the county payable from the levy and collection of a direct and continuing ad valorem tax levied, within

...S&P Global Ratings has assigned its '###' long-term rating to Williamson County, Texas' series 2020 unlimited-tax road bonds and limited-tax refunding and park bonds. At the same time, we affirmed our '###' long-term rating and underlying rating on the county's previously issued general obligation (GO) debt. The outlook on all ratings is stable. The road bonds constitute direct obligations of the county payable from the levy and collection of a direct and continuing ad valorem tax levied, on all taxable property located within the county, without legal limitation as to rate or amount. The refunding and park bonds are direct obligations of the county payable from the levy and collection of a direct and continuing ad valorem tax levied, within the limits prescribed by law, on all taxable property within the county. Texas statutes limit the maximum ad valorem tax rate for counties to 80 cents per $100 of taxable assessed valuation (AV) for all county purposes. Administratively, the Texas attorney...

Summary