KBRA Releases Rating Report for Port Neches-Groves Independent School District, TX: Unlimited Tax Obligations Series 2026

On February 2, 2026, KBRA assigned a long-term rating of A to the Port Neches-Groves Independent School District, TX: Unlimited Tax School Building Bonds, Series 2026. The Outlook is Stable.

The currently offered bonds have received conditional approval for and are expected to be issued with a guarantee of the payment of principal and interest from the State’s Permanent School Fund (“PSF”) guarantee program. KBRA’s ratings for these and all other outstanding series, including both those with and without the PSF guarantee, are based solely on the underlying credit standing of the District, without considering support afforded by the PSF guarantee program.

To access ratings and relevant documents, click here.

Click here to view the report.