Financial information service Fitch Ratings gave Round Rock ISD high ratings for its bonds and debt, according to an Aug. 19 news release.

Fitch gave a AAA rating, which is the highest, to RRISD bonds guaranteed by the Permanent School Fund. The ratings firm also gave the district an AA+ rating for debt issued. Those ratings make RRISD the highest-rated school district in Texas by Fitch, the news release states.

"The positive news from Fitch Ratings affirms that we have the right people in place in our business office and in our leadership as we responsibly serve the students of Round Rock [ISD]," RRISD Superintendent Steve Flores said in a statement. "This district has found solutions despite financial challenges brought by declining state revenue and increasing enrollment."

Moody's Investor Services rated RRISD's bonds AAA, its highest rating. Standard & Poor's rated the district's bonds AA, according to the news release.

Well-rated bonds have lower interest rates, which saves the district money on interest payments.