DALLAS (Standard&Poor's) May 22, 2009--Standard&Poor's Ratings Services corrected and raised its long-term rating and underlying rating (SPUR) on multiple series of Denton County, Texas' bonds outstanding to 'AAA' from 'AA+'. The outlook is stable. On Dec. 1, 2008, we raised the rating on the county's debt following the release of a report "Criteria Updates And Financial Stability Lead To Rating Upgrades For Many Texas Counties" published Nov. 25, 2008, on RatingsDirect. We inadvertently omitted several series of the county's bonds and certificates of obligation outstanding. The stable outlook reflects our expectation that conservative fiscal practices will continue to ensure the county's strong financial operations and position. Overlapping debt levels will likely remain elevated, but wealth levels
