S&P Global Ratings revised the outlook to stable from negative and affirmed its'A+'rating on Beauregard Parish School Board , Louisiana's outstanding general obligation (GO) debt. The outlook revision reflects the district’s improved operating performance and reserve levels, which we expect to be maintained in the near term. The bonds are GOs of the issuer and are payable from unlimited ad valorem taxes on all taxable property within the boundaries of the district. Previously issued bond proceeds financed various capital projects, including a new school building. The outlook revision to stable reflects our view of the school district’s improved budgetary performance, strengthening reserve position, and signs of economic stabilization following the reopening of a key local manufacturing facility. While
