KBRA Releases Report Affirming AAA Rating and Stable Outlook on Tri-County Metropolitan Transportation District of Oregon's (TriMet) Senior Lien Payroll Tax Revenue Bonds

On September 17, 2025, KBRA affirmed the long-term rating of AAA with a Stable Outlook for the Tri-County Metropolitan Transportation District of Oregon's ("TriMet" or the "District") Senior Lien Payroll Tax Revenue Bonds (the "Bonds").

The Bonds are payable from and secured by a first lien on the trust estate, which includes payroll and self-employment taxes, imposed by TriMet and collected by the Oregon Department of Revenue, and payments in-lieu of taxes received from the State of Oregon (collectively the pledged tax revenues).

To access ratings and relevant documents, click here.

Click here to view the report.