AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has downgraded the following bonds of San Benito Consolidated Independent School District, Texas (the district) to 'BBB+' from 'A': --$32.7 million unlimited tax (ULT) school building bonds, series 2008. The Rating Outlook is revised to Negative from Stable. SECURITY The bonds are payable from an unlimited ad valorem tax pledge levied against all taxable property within the district. KEY RATING DRIVERS DIMINISHED FISCAL CUSHION: The downgrade reflec