S&P Global Ratings assigned its 'AA' long-term rating to Jefferson Parish School Board, La.'s anticipated $37.31 million series 2021 limited tax refunding bonds. At the same time, S&P Global Ratings affirmed its 'AA' rating on the board's limited tax bonds outstanding. The outlook is stable. The bonds are secured by a first-lien claim on revenue generated by a 2.83-mill ad valorem tax, levied in perpetuity, on all taxable property within the school board's boundaries. The millage rate will be adjusted in each reassessment year so that property value increases or decreases due to the reassessment do not affect the amount of revenues collected. We rate the bonds on par with our view of the board's general creditworthiness, as the taxing