S&P Global Ratings assigned its 'AAA' program rating and 'AA' underlying rating to Leander Independent School District (ISD), Texas' $17.3 million unlimited-tax refunding bonds, series 2024. At the same time, S&P Global Ratings affirmed its 'AA' underlying rating on the district's general obligation (GO) debt outstanding. The outlook is stable. The bonds are secured by an unlimited ad valorem tax levied annually against all taxable property within Leander ISD's borders. The 'AAA' rating reflects our view of the district's eligibility for, and participation in, the Texas Permanent School Fund (PSF) bond guarantee program. For more information, see below. Proceeds from the series 2024 issuance will be used to refinance outstanding appreciation bonds for debt service savings. The rating reflects our
