Unlimited tax bond

Unlimited tax bond

A municipal bond secured by the pledge to levy taxes until full repayment at an unlimited rate.
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Underpinning the county's 'AA' IDR and the limited and unlimited tax bond ratings, is modest revenue volatility and superior gap-closing capacity that should preserve the county's high level of financial resilience throughout a typical economic cycle.
Fitch Rates Rockwall County, TX's $18.5MM Ltd Tax Bonds 'AA'; Outlook Stable
The 'AA-' IDR and unlimited tax bond rating are based on the district's strong operating performance, supported by robust revenue growth prospects, solid expenditure flexibility, and modest revenue volatility.
Fitch Ratings assigns 'AAA' rating to New Caney Independent School District ULTs
The unlimited tax bonds are payable from an unlimited annual property tax levy.
Fitch Rates Harris County, TX LT Bank Notes 'AAA'; Outlook Stable
Orr also said he considers about $641 million of general obligation debt, including $410 million of unlimited tax bonds, to be unsecured.
Bond Insurer Says Detroit GO Bond Default Would Hinder Future Borrowing
Specifically, the move affected Columbus's USD3.4m Various Purpose Unlimited Tax Bonds, Series 2010-3C and USD5.85m Various Purpose Limited Tax Bonds, Series 2010-3D.
-Moody's discontinues coverage on Columbus bonds on sale cancellation
Securities and Exchange Commission, assigned a 'AAA' rating to the following Round Rock Independent School District, Texas unlimited tax bonds (ULTs): --$59.7 million unlimited tax refunding bonds series 2018.
Fitch Ratings assigns 'AAA' rating to Round Rock Independent School District ULTs
--25 million various purpose unlimited tax bonds, series 2018C (federally taxable);
Fitch Rates $399.8MM Columbus (OH) GO Bonds 'AAA'; Outlook Stable
Securities and Exchange Commission, affirmed the following ratings for Presidio ISD, Texas at 'AA-: --Issuer Default Rating (IDR); and --Approximately $3.5 million unlimited tax bonds.
Fitch Ratings affirms ratings for Presidio ISD, Texas at 'AA-
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