Bond Information

Bonds are issued to fund infrastructure and development through the following major debt categories: General Obligation Bonds - City of Surprise, Pledged Revenue, City of Surprise Municipal Property Corporation Wastewater Development Impact Fee and subordinate lien Wastewater Utility Revenue, and Marley Park Community Facility District General Obligation.   

The bonds are rated by two major rating agencies, Fitch Ratings and Standard and Poor’s Ratings Services.  The following table presents the underlying ratings assigned to the bonds.  Best efforts will be made to update the ratings in a timely manner; however, please check rating agency websites for the most up to date information.
Description: Fitch Rating:
Standard & Poor's Rating
Six Digit CUSIP#
Link to Emma SIte (Additional Information)
City of Surprise, Arizona Senior Lien Utility System Revenue Refunding Obligations Series 2018 n/r AA+ 86889C View Bond Details
City of Surprise General Obligation Bonds Series 2018 n/r AA 868880 View Bond Details
Marley Park Community Facilities District General Obligation Bonds Series 2017 n/r n/r n/a View Bond Details
City of Surprise Municipal Property Corporation Wastewater Development Impact Fee and Subordinate Lien Wastewater Utility Revenue Bonds SERIES 2007 A+ n/r 86888Y View Bond Details
City of Surprise, Arizona, Pledged Revenue and Revenue Refunding Obligations SERIES 2015 AA+ AA 86889A View Bond Details
Marley Park Community Facilities District  General Obligation and General Obligation Refunding Bonds SERIES 2016* n/r AA 571155 View Bond Details
Marley Park Community Facilities District  General Obligation  Bonds SERIES 2008 n/r n/r 571155 View Bond Details
Marley Park Community Facilities District  General Obligation  Bonds SERIES 2007 n/r n/r 571155 View Bond Details
Marley Park Community Facilities District  General Obligation  Bonds SERIES 2006 n/r n/r 571155 View Bond Details
* Insured by Building America Mutual (BAM)
** Obligations are expected to be sold in July/August 2018
n/r - Not rated by this agency