Standard&Poor's Ratings Services assigned its 'AAA' rating to Denton County, Texas' series 2014 permanent improvement bonds and series 2014 tax notes. At the same time, Standard&Poor's affirmed its 'AAA' long-term rating and 'AAA' unenhanced rating (SPUR) on the county's general obligation (GO) debt. The outlook on all issues is stable. The series 2014 permanent improvement bonds are intended to finance road improvements and technology upgrades. The series 2014 notes are intended to finance technology upgrades and renovations to existing facilities. The county's limited ad valorem tax levied on all taxable property in the county secures the bonds and notes. The county's property tax rate is currently 28.3 cents per $100 of assessed value (AV), well below
