KBRA Assigns AAA to Texas Transportation Commission State of Texas General Obligation Mobility Fund and Refunding Bonds, Series 2026-A and State of Texas General Obligation Mobility Fund Put Bonds, Series 2026-B (Multiannual Mode)

Affirms Related Ratings

KBRA assigns a long-term rating of AAA to the Texas Transportation Commission State of Texas General Obligation Mobility Fund and Refunding Bonds, Series 2026-A and State of Texas General Obligation Mobility Fund Put Bonds, Series 2026-B (Multiannual Mode). KBRA additionally affirms the long-term rating of AAA for the Commission's State of Texas Highway Improvement General Obligation Bonds and State of Texas General Obligation Mobility Fund Bonds as well as the State's General Obligation Bonds. The rating Outlook for each obligation is Stable.

Key Credit Considerations

The rating actions reflect the following key credit considerations: