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Fitch Affirms Burleson TX GOs and COs at 'AA-'; Outlook to Positive

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AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings affirms the ratings on the following Burleson, Texas (the city) obligations: --$11.5 million general obligation (GO) bonds at 'AA-'; --$20.5 million combination tax and surplus revenue certificates of obligation (COs) at 'AA-'. The Rating Outlook is revised to Positive from Stable. SECURITY The bonds and COs are direct obligations of the city payable from ad valorem taxes limited to $2.50 per $100 of taxable assessed valuation (TAV). The COs are fur

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