County's Credit Ratings

The County's outstanding debt is rated by three municipal bond rating services:

  • Fitch Ratings
  • Moody's Investors Service
  • Standard & Poor's Rating Service

Ratings are current as of: 6/30/2012

Type of Bonds Fitch Insured/ Underlying Moody's Insured/ Underlying S&P Insured/ Underlying
County
Issuer Rating NR Aa1 AA-
1991 Civic Center Parking COPs WD/NR WD/Aa3 NR/NR
1996A Refunding Pension Obligation Bonds WD/AA B3/Aa1 BBB/NR
1997A Refunding Pension Obligation Bonds WD/AA B3/Aa1 BBB/NR
2005 Lease Revenue Refunding Bonds WD/AA B3/Aa3 BBB/A+
2005A Refunding Recovery Bonds WD/AA B3/Aa2 BBB/A+
2006 Lease Revenue Bonds WD/AA B3/Aa3 BBB/A+
2012 Juvenile Justice Center Lease Refunding Bonds NR/NR NR/Aa3 NR/A+
Integrated Waste Management Department
1997 Refunding Revenue Bonds WD/A+ WD/A1 NR/NR
John Wayne Airport
2003 Refunding Revenue Bonds WD/AA- Aa3/Aa3 AA-/AA-
2009A Airport Revenue Bonds NR/AA- NR/Aa3 NR/AA-
2009B Airport Revenue Bonds NR/AA- NR/Aa3 NR/AA-
*NR - Not Rated
** WD - Withdrawn