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Fitch Affirms Del Valle ISD, TX ULT Bonds at 'AA-'; Outlook Stable

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AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AA-' rating for the following Del Valle Independent School District, TX bonds: --$6.6 million unlimited tax (ULT) school building bonds series 2007. The Rating Outlook is Stable. SECURITY The bonds are payable from an unlimited ad valorem tax levied against all taxable property in the district. KEY RATING DRIVERS STRONG FINANCIAL PROFILE: General fund reserves have been consistently healthy. Prudent fiscal management resulted in su

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