KBRA Releases Report Assigning AAA Rating to Round Rock Independent School District's (TX) Series 2025C Unlimited Tax Refunding Bonds; Stable Outlook

On October 21, 2025, KBRA assigned a long-term rating of AAA to Round Rock Independent School District's (TX) Series 2025C Unlimited Tax Refunding Bonds. Additionally, KBRA affirms the District's outstanding unlimited tax obligations at AAA. The Rating Outlook is Stable for the new and existing unlimited tax obligations (collectively, the "Bonds").

The Bonds have also received conditional approval for and are expected to be issued with a guarantee from the State’s Permanent School Fund (PSF) guarantee program for the payment of principal and interest. KBRA’s rating for the Bonds reflects the underlying credit standing of the District, without considering support afforded by the PSF guarantee program.

To access ratings and relevant documents, click here.

Click here to view the report.