S&P Global Ratings

A+

Sales Tax Revenue

Outlook
Stable
Date
Feb 2019
Label
Kansas International Speedway STAR District
Document
Notes

S&P Global Ratings affirmed its 'A+' rating on Wyandotte County/Kansas City Unified Government, Kan.'s series
2014 sales tax special obligation revenue refunding bonds, issued for the Kansas International Speedway project.
The outlook is stable.

BBB

Sales Tax Revenue

Outlook
Stable
Date
Feb 2019
Label
Vacation Village STAR District
Document
Notes

S&P Global Ratings affirmed its 'BBB' rating on Wyandotte County/Kansas City Unified Government, Kan.'s series
2015B subordinate-lien sales tax special obligation revenue bonds, issued for Vacation Village project areas 1 and 2A.
The outlook is stable.

AA-

Appropriation

Outlook
Stable
Date
Jan 2019
Document
AA

General Obligation

Outlook
Stable
Date
Apr 2019
Document
SP-1+

Municipal Temporary Notes

Outlook
Not Assigned
Date
Apr 2019
Document
AA

Public Building Commission Lease Revenue

Outlook
Stable
Date
Feb 2018
Document

Analysts

Jim Tchou
Email:
jim.tchou@spglobal.com
Phone:
(212) 438-3821
Kimberly Barrett
Email:
Kimberly.Barrett@spglobal.com
Phone:
(303) 721-4446
Jennifer Garza
Email:
jennifer.garza@spglobal.com
Phone:
(214) 871-1422

Moody's Investors Service

A1

General Obligation

Outlook
Stable
Date
Jan 2019
Label
Credit Opinion
Document
Notes

The credit profile of the Unified Government of Wyandotte County/Kansas City, KS (A1
stable) benefits from a large tax base that serves as the regional economic center for
northeastern Kansas (Aa2 stable) as well as stable financial operations. Recent updates to
the Unified Government's (UG) financial policies, including increasing the formal general
fund reserve requirement to 17% of the subsequent year's appropriations from the previous
policy of 10%, will aid in maintaining adequate general fund reserves and liquidity. These
attributes are weighed against the UG's high debt and pension burdens as well as below
average resident income levels.

MIG1

Municipal Temporary Notes

Outlook
Not Assigned
Date
Jan 2018
Document
A1

Public Building Commission Lease Revenue

Outlook
Stable
Date
Jan 2018
Document
A1

General Obligation

Outlook
Stable
Date
Apr 2019
Label
Series 2019-B GO Bond
Document
MIG 1

Municipal Temporary Notes

Outlook
Not Assigned
Date
Apr 2019
Label
2019-II Municipal Temp Notes
Document

Analyst

Kenneth Surgenor
Email:
Kenneth.Surgenor@moodys.com
Phone:
(212) 553-1653