NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the following Pampa Independent School District, Texas' (the district) unlimited tax (ULT) bonds: --$42.4 million ULT school building bonds series 2007 at 'A+'. The Rating Outlook is Stable. SECURITY The bonds are payable from an unlimited property tax levy and also carry the Texas PSF bond guarantee (for more information on the Texas PSF see 'Fitch Affirms Texas PSF Rating at 'AAA'; Outlook Stable', dated Sept. 4, 2014). KEY RATING DRIVERS