...February 28, 2025 BOSTON (S&P Global Ratings) Feb. 28, 2025--S&P Global Ratings assigned its '##+' long-term rating to Wisconsin's $253.905 million 2025 series A general obligation (GO) bonds. The outlook is stable. "The '##+' rating on Wisconsin's GO debt reflects our view of the state's institutional framework that is supportive of credit quality; economic growth and income metrics that have persistently slightly lagged those of the nation; executive branch with the authority and ability to make midyear budget corrections; healthy revenue collections and resilient budgetary performance; and well-funded pension system," said S&P Global Ratings credit analyst Geoff Buswick. The state's full faith, credit, and taxing power, which are irrevocably pledged to make principal and interest payments, secure the bonds. The Wisconsin Constitution requires that the legislature provide for the payment of GO bonds by appropriation. In accordance with state statutes, all GO debt service payments have...
