...August 9, 2023 SAN FRANCISCO (S&P Global Ratings) Aug. 9, 2023--S&P Global Ratings assigned its '###' long-term rating and 'A+' underlying rating to Celina Independent School District (ISD), Texas' anticipated $100 million series 2023 unlimited-tax school building bonds. At the same time, S&P Global Ratings affirmed its 'A+' underlying rating on the district's general obligation (GO) bonds outstanding. The outlook is stable. "Celina ISD's total assessed valuation has doubled in the past two years, and the increased growth is expected to persist as developments continue," said S&P Global Ratings credit analyst Adriana Artola. "At the same time, the district's enrollment has also experienced significant 38% growth in the past three years, leading to large growth-related capital needs," Ms. Artola added. Bond proceeds will fund various capital projects, including additional high school, middle school, and elementary school facilities. After the current transaction, the district will have $280...
