On May 22 S&P Global upgraded the District's Bond Rating to AA+. This means lower interest rates will be available saving taxpayer dollars on any future bond issuance. S&P Global Ratings raised its long-term rating on Upper Brushy Creek Water Control and Improvement District (WCID) existing unlimited-tax general obligation debt to ‘AA+’ from ‘AA’. The rating change reflects the district’s continued tax base growth alongside its multiyear surpluses, resulting in a very strong fund balance.In November 2020, the voters approved an $85 million bond program to fund flood safety projects throughout the Upper Brushy Creek watershed. Voters approved the issuance of up to $85 million in bonds to fund both rehabilitation and new construction projects. Monthly updates are posted to our project page so you can keep abreast of how the District’s work is progressing.The first issuance was 51 million dollars.