AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BB+' rating on Progreso Independent School District, TX's (the district) $27.6 million unlimited tax (ULT) bonds outstanding. The Rating Outlook is revised to Stable from Negative. SECURITY The bonds are payable from an annual unlimited property tax levy. KEY RATING DRIVERS REVISED OUTLOOK: The Stable Outlook reflects the district's progress in stabilizing its financial position, primarily through staff rightsizing. The district st
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