Standard&Poor's Ratings Services assigned its 'AAA' program rating and 'AA-' school issuer credit rating (ICR) and stable outlook to Leander Independent School District, Texas' series 2014A-2014C unlimited-tax general obligation (GO) school building bonds. Standard&Poor's also affirmed its 'AAA' program rating and 'AA-' ICR, with a stable outlook, on the district's existing GO debt issued under the Texas Permanent School Fund bond guarantee program. In addition, Standard&Poor's affirmed its 'AA-' long-term rating and underlying rating (SPUR), with a stable outlook, on the district's GO debt not issued under the Texas Permanent School Fund. The program rating reflects our assessment of the district's eligibility for, and participation in, the Texas Permanent School Fund. The 'AA-' rating
