Standard&Poor's Ratings Services assigned its 'AAA' rating to Denton County, Texas' series 2015 permanent improvement refunding bonds and series 2015 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 rating reflects the following credit factors, specifically the county's: Very strong economy, with access to a broad and diverse metropolitan statistical area (MSA) and a local stabilizing institutional influence; Very strong management, with "strong" financial policies and practices under our Financial Management Assessment (FMA) methodology; Strong budgetary performance, with operating results that we expect could improve in the near term relative to fiscal 2014,
