KBRA Assigns AA Rating with Stable Outlook to Magnolia Independent School District, TX Series 2026 Unlimited Tax School Building Bonds

KBRA assigns a long-term rating of AA to the Magnolia Independent School District, TX Series 2026 Unlimited Tax School Building Bonds. Concurrently, KBRA assigns a long-term rating of AA to outstanding parity lien Unlimited Tax School Building Bonds. The rating Outlook is Stable.

Key Credit Considerations

The rating was assigned because of the following key credit considerations:

Credit Positives