Standard & Poor’s raised its issuer credit rating on Muenster, Tex., Independent School District’s unlimited-tax general obligation school building bonds to A from BBB-plus. It cited the district’s strong financial performance trend, as evidenced by very strong reserves and very limited capital needs. The outlook is stable.

At the same time, Standard & Poor’s affirmed its AAA program rating, with a stable outlook, on the district’s parity GO debt.

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