S&P affirms Longmont, CO ‘AA’ water rev bond rating

S&P affirms Longmont, CO ‘AA’ water rev bond rating

S&P Affirms Longmont, CO ‘A’ Wastewater Revenue Bond Rating

S&P Global Ratings has assigned its ‘A’ long-term credit rating to the wastewater revenue bonds of Longmont, Colorado, reflecting the municipality's stable financial position and operational performance. The rating underscores the creditworthiness of the bonds, which are backed by dedicated revenue streams from wastewater management services.

Longmont's Annual Comprehensive Financial Report (ACFR) for 2024, released in June 2025, provides transparency into the city's fiscal health, including revenue generation, expenditure management, and debt servicing capabilities. While specific metrics from the report are not disclosed, the maintenance of an 'A' rating suggests that the city continues to meet key financial benchmarks, such as adequate liquidity, controlled operating expenses, and consistent revenue collection.

The rating action follows a review of Longmont's utility operations, which are critical to supporting infrastructure development and public health initiatives. S&P noted that the wastewater system's dedicated revenue structure, combined with the city's prudent fiscal management, mitigates credit risks. No significant negative triggers were identified that would warrant a downgrade.

Investors should note that this rating applies specifically to wastewater revenue bonds and may not reflect the broader credit profile of Longmont. For a comprehensive assessment of the city's overall financial standing, additional analysis of its general fund balances, long-term liabilities, and economic growth drivers would be necessary.

As of February 2026, no further rating actions have been indicated by S&P for this obligation.

(https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/1432821): S&P Global Ratings
(https://longmontcolorado.gov/wp-content/uploads/2025/06/2024-COL-ACFR-Final-06042025.pdf): Longmont, CO Annual Comprehensive Financial Report (2024)