S&P Global Ratings assigned its 'AAA' long-term rating and its 'AA-' underlying rating to Celina Independent School District , Texas' approximately $50 million series 2025 unlimited-tax general obligation bonds. The outlook is stable. The bonds are payable from an unlimited ad valorem tax levied against all taxable property in the district. The 'AAA' rating reflects our view of the district's eligibility for, and participation in, the Texas Permanent School Fund (PSF) bond guarantee program. For more information on the program rating, see "Texas Permanent School Fund," published July 3, 2024, on RatingsDirect. The rating reflects our view of the district's history of positive operating performance and affluent and growing population, which has helped strengthen reserves. Although the district's hefty debt
