S&P Global Ratings assigned its 'AAA' rating to Williamson County, Texas' roughly $160 million series 2024 unlimited-tax general obligation (GO) road bonds and roughly $167 million series 2024 limited-tax GO notes. At the same time, S&P Global Ratings affirmed its 'AAA' rating on the county's existing GO debt. The outlook is stable. The county's series 2024 and unlimited-tax road bonds outstanding are payable from the receipts of a direct and continuing annual ad valorem tax levied, without legal limit as to rate or amount, on all taxable property within the county. The series 2024 notes and the county's limited-tax bonds; notes; and certificates of obligation outstanding are a direct obligation of the county, payable from the levy and collection of
