AUSTIN, Texas–(BUSINESS WIRE)–Fitch Ratings has affirmed the following Denton ISD ratings at ‘AA’: –Issuer Default Rating (IDR);–Approximately $839 million in outstanding unlimited tax (ULT) bonds. The Rating Outlook is Stable. SECURITY The bonds are payable from an unlimited property tax (ad valorem) pledge levied against all taxable property within the district. KEY RATING DRIVERS The ‘AA’ IDR and ULT bond rating reflect the district’s superior financial resilience, aided by solid expendi
