The rating on Denton County, Texas' debt is based on the county's full faith and credit pledge. Credit factors include: Location at the edge of the rapidly growing Dallas Metroplex with its diverse employment base, A rapidly growing tax base, Above-average income levels, Continued strong financial position despite some general fund balance drawdowns for capital projects and land acquisitions, and A moderate debt burden. The county economy's need to develop further and potential growth pressures, in part, mitigate the credit strengths. Denton County is at the northern edge of the Dallas-Fort Worth Metroplex and has experienced rapid growth as the Metroplex has expanded northward. The county's population has increased more than 19% over the past three years to 400,915 in
