S&P Global Ratings assigned its 'AAA' long-term rating and 'AA-' underlying rating to Temple Independent School District (ISD), Texas' roughly $64.8 million series 2024 general obligation (GO) unlimited-tax school building bonds. At the same time, S&P Global Ratings affirmed its 'AA-' underlying rating on the district's GO debt outstanding. The outlook is stable. The bonds are secured by an unlimited ad valorem tax levied annually against all taxable property within Temple ISD's borders. The 'AAA' rating reflects our view of the district's eligibility for, and participation in, the Texas Permanent School Fund bond guarantee program. (For more information, see below.) Proceeds from the series 2024 issuance will fund additions and renovations to four elementary school campuses, construction of an operations
