KBRA Releases Report Assigning AA Rating, Stable Outlook to the City of Jacksonville, FL Special Revenue Bonds, Series 2025

On July 18, 2025, KBRA assigned a long-term rating of AA to the City of Jacksonville, FL Special Revenue Bonds, Series 2025 and affirmed the AA rating on the City's outstanding parity Special Revenue Bonds.

The long-term rating of AA is also affirmed on the City's Special Revenue (BJP) Bonds, which are payable from Covenant Revenues and further payable from Infrastructure Sales Tax revenues available after satisfaction of the debt service and reserve account funding requirements of the City's Better Jacksonville Bonds.

The Outlook on all bonds is Stable.

To access ratings and relevant documents, click here.

Click here to view the report.