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