Katrina Montgomery, Interim Chief Financial Officer
Austin Independent School District
Austin Independent School District
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Fitch Ratings has affirmed Austin Independent School District (ISD), Texas' Issuer Default Rating (IDR) and unlimited tax (ULT) bonds as follows:
--Issuer Default Rating (IDR) at 'AA+';
--Approximately $2 billion in outstanding ULT bonds at 'AA+' (underlying rating).
The Rating Outlook is revised to Stable from Negative.