S&P Global Ratings has announced revisions to its ratings for the City of Austin, Texas’ Series 2026 Electric Revenue Bonds, reflecting an assessment of the city’s financial status and the operations of its utility. The ratings have been affirmed as follows: Series 2026A Electric Revenue Bonds maintain a rating of ‘AA,’ and Series 2026B Electric

City staff said a water-treatment facility overhaul that began in August will run through late 2028 and that the council will ask voters in November to authorize up to $100 million in utility-backed revenue bonds to fund the project.

S&P Global Ratings has adjusted its assessment of the City of Georgetown, Texas’s series 2026A utility revenue bonds, changing the outlook from stable to positive. The rating itself remains at AA-. These bonds, issued in 2026, are backed by the net revenues generated by the city's water and wastewater utilities. The revised outlook reflects the