S&P Global Ratings assigned its 'AA-? underlying rating to Fort Stockton Independent School District, Texas' approximately $9.315 million series 2026 unlimited-tax refunding bonds. At the same time, we affirmed our ?AA-? underlying rating on the district?s debt outstanding. The outlook is stable. ENGLEWOOD (S&P Global Ratings) July 1, 2026--S&P Global Ratings today took the rating actions listed above. The stable outlook reflects our expectation that the district will maintain balanced operations through our outlook horizon. If the district experiences budgetary imbalance and draws on reserves to levels we no longer view as offsetting the concentration in its tax base, if there are material and sustained declines in AV that we believe could pressure the district?s ability to pay its debt
