“Downgrade Follows Thumbs-Up on Texas School Bonds” reads the headline from a recent story in The Bond Buyer, a trade publication for those involved in the municipal bond industry. The stor​​y is about Anna ISD, a small, but rapidly growing Independent School District about 40 miles north of Dallas, Texas. The District held an election to authorize $155 million in future debt. The election was overwhelmingly approved by the voters in its May 7th election. On May 12th, Moody’s