S&P Global Ratings assigned its 'A+' long-term rating to Delano Joint Union High School District , Calif.'s estimated $16.685 million series 2026 general obligation (GO) refunding bonds. At the same time, we affirmed our 'A+' long-term and underlying ratings on the district's outstanding GO debt. The outlook is stable. CHICAGO (S&P Global Ratings) Feb. 24, 2026-- S&P Global Ratings today took the rating actions listed above. In our view, the district has elevated physical risks related to water stress which could have a material physical impact on the tax base. However, the state has implemented water preservation initiatives that are helping mitigate elevated exposure to drought by providing a framework for groundwater management and financial assistance to upgrade ground wells
