S&P Global Ratings assigned its 'AAA' rating to Denton County , Texas' proposed $52 million series 2026 permanent improvement refunding bonds. At the same time, we affirmed our 'AAA' long-term rating on the county's limited-tax debt outstanding. The outlook is stable. DALLAS (S&P Global Ratings) May 20, 2026--S&P Global Ratings today took the rating actions listed above. We view Denton County?s environmental, social, and governance factors as neutral in our credit analysis. The stable outlook reflects our expectation that Denton County will maintain its favorable reserve position, underpinned by strong tax base growth and management?s historical use of conservative budgeting practices. We could lower the rating if growth-related budgetary pressures lead to persistent operating deficits and a significant decrease in