S&P gives Houston utility fund negative outlook, warns water and sewer rates could rise

The agency said it changed the city's outlook following changes to how Houston funds its city services. HOUSTON, Texas (KTRK) -- Houston's Combined Utility System, or CUS, has received a negative financial outlook from S &P Global, raising concerns about the city's ability to fund major water and wastewater infrastructure projects and potentially increasing customer costs. S &P Global still gives CUS a strong AA+ credit rating [1].

Sources

1. abc13.com · S&P gives Houston utility fund negative outlook, warns water and sewer rates could rise Sep 3, 2026

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