Standard&Poor's Ratings Services assigned its 'AA' rating, and stable outlook, to Mukwonago Area School District, Wis.' general obligation (GO) refunding bonds and GO qualified school construction (tax credit) notes and affirmed its 'AA' rating, with a stable outlook, on the district's parity GO debt. In our opinion, the rating reflects the district's: Access to employment opportunities throughout the Milwaukee economic center, Very strong wealth and income indicators, Stable student enrollment trend, Maintenance of a very strong financial position, and Low overall debt burden as a percent of equalized valuation. The district's unlimited-tax full faith and credit GO pledge secures the refunding bonds and school construction notes. The district is issuing the notes as part of a $15.000 million
