Standard&Poor's Ratings Services affirmed its 'AAA' program rating and 'AA-' school issuer credit rating (ICR) on Leander Independent School District, Texas' series 2014A, 2014B, and 2014C unlimited-tax general obligation (GO) school building bonds. The outlook is stable. Standard&Poor's also affirmed its 'AAA' program rating and 'AA-' ICR, with a stable outlook, on the district's existing GO debt issued under the Texas Permanent School Fund bond guarantee program. In addition, Standard&Poor's affirmed its 'AA-' long-term rating and underlying rating (SPUR), with a stable outlook, on the district's GO debt not issued under the Texas Permanent School Fund. The 'AAA' program rating reflects the district's eligibility for the Texas Permanent School Fund. The 'AA-' rating reflects