[Congressional Record Volume 154, Number 6 (Wednesday, January 16, 2008)]
[Extensions of Remarks]
[Page E22]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




CONGRATULATING THE LEWISVILLE INDEPENDENT SCHOOL DISTRICT FOR RECEIVING 
                      AN AA+ BOND RATING FOR 2007

                                 ______
                                 

                       HON. MICHAEL C. BURGESS--

                                of texas

                    in the house of representatives

                      Wednesday, January 16, 2008

  Mr. BURGESS. Madam Speaker, I rise today to congratulate the City of 
Lewisville's Independent School District. The Lewisville Independent 
School District has received an AA+ bond rating for 2007.
  District officials apply for the ratings each year, which are granted 
by Standard and Poor's Corporation of New York. Lewisville is the only 
district in Texas, and one of three districts in the Nation, to receive 
such a rating this year.
  The Lewisville Independent School District has demonstrated a strong 
aptitude for increasing fund balances while responding to modifications 
in State funding policies. The AA+ rating is an improvement from the 
district's AA rating in 2006.
  The Lewisville Independent School District has managed to increase 
its bond rating from AA- to AA+ in two years, despite statewide school 
finance issues. State funding policies have been changed multiple times 
throughout the last decade, and Lewisville has positively modified its 
spending practices each time in response.
  I extend my sincerest congratulations to the City of Lewisville and 
the Lewisville Independent School District. It is my hope that they 
will continue to be as fiscally responsible and resourceful as they 
have proven themselves to be in the past. It is my honor to represent 
them in the United States Congress.

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