RTD receives rating affirmations from Fitch, S&P

DENVER (July 24, 2026) –– The Regional Transportation District (RTD)'s recent ratings from S&P Global Ratings and Fitch Ratings affirm RTD’s financial strength with stable outlooks and underlying rating (SPUR) on certificates of participation (COPs) outstanding.

On July 23, Fitch Ratings reported that RTD maintained its AA+ rating on RTD’s FasTracks revenue bonds and AA on COPs with stable outlooks across all categories. Fitch also affirmed RTD’s Issuer Default Rating (IDR) and outstanding sales tax revenue bonds at AA+. The rating is based on a dedicated tax and revenue bond analysis and is capped at the IDR. 

Similarly, on July 21, S&P Global Ratings affirmed RTD’s stable outlook with a AAA long-term rating recognizing the agency’s series 2026 sales tax revenue refunding bonds for FasTracks. This outlook reflects the agency’s strong economic fundamentals including healthy liquidity and manageable debt profile. S&P Global Ratings highlighted the importance of continued progress in addressing the structural deficit as the agency prepares for the 2027 budget cycle. 

The credit rating agencies recognize RTD’s proactive and conservative financial management and policies and RTD’s support from voter-approved sales and use taxes that enable the agency to provide transit services for 3.1 million customers across its 2,349-square-mile service area. The ratings reflect confidence in RTD’s proactive financial management and recognize the need for its essential role as a transit provider across the Denver metro area.