The ‘AA+’ Issuer Default Rating (IDR) and ULT and maintenance tax note bond ratings reflect Dallas Independent School District’s (Dallas ISD, or the district) highest level of financial resilience, solid expenditure flexibility, a sound revenue framework led by solid growth prospects and a moderate liability burden. Fitch Ratings believes, over the long term, business activity should produce economic, population and tax base gains consistent with historical performance.
10 Jan, 2023