Research Update: Temple Independent School District, TX Series 2025 Bonds Assigned 'AA-' Underlying Rating; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Temple Independent School District, TX Series 2025 Bonds Assigned 'AA-' Underlying Rating; Outlook Stable

Research Update: Temple Independent School District, TX Series 2025 Bonds Assigned 'AA-' Underlying Rating; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Temple Independent School District, TX Series 2025 Bonds Assigned 'AA-' Underlying Rating; Outlook Stable
Published May 22, 2025
Published May 22, 2025
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Abstract:

S&P Global Ratings assigned its 'AAA' long-term rating and 'AA-' underlying rating to Temple Independent School District (ISD), Texas' approximately $41.3 million series 2025 unlimited-tax refunding bonds At the same time, S&P Global Ratings affirmed its 'AA-' underlying rating on the district's general obligation debt outstanding. The outlook is stable. The bonds are secured by an unlimited ad valorem tax levied annually against all taxable property within the district. The 'AAA' rating reflects our view of Temple ISD'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. Proceeds from the series 2025 issuance will be

  
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Research Update

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Temple Independent School District, TX Series 2025 Bonds Assigned 'AA-' Underlying Rating; Outlook Stable" May 22, 2025. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Temple-Independent-School-District-TX-Series-2025-Bonds-Assigned-AA-Underlying-Rating-Outlook-Stable-3375391>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Temple Independent School District, TX Series 2025 Bonds Assigned 'AA-' Underlying Rating; Outlook Stable May 22, 2025. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Temple-Independent-School-District-TX-Series-2025-Bonds-Assigned-AA-Underlying-Rating-Outlook-Stable-3375391>
  
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