KBRA Assigns AA- Rating with Stable Outlook to Rio Rancho Public School District No. 94, NM General Obligation School Bonds Series 2026

NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA assigns a long-term rating of AA- to the Rio Rancho Public School District No. 94 (the District), NM, General Obligation School Bonds, Series 2026. In addition, KBRA assigns a long-term of AA- rating to outstanding parity debt. The Outlook is Stable. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives A growing tax base and favorable economic profile. Strong State oversight in the budgetary proces

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