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 Global Ratings 

Ratings are current as of June 30, 2021

Type of Bonds Fitch Insured/ Underlying Moody's Insured/ Underlying S&P Insured/ Underlying
Issuer/Default Rating AAA Aa1 AA+
1997A Refunding Pension Obligation Bonds         WD/AA+ Baa2/Aa1 WD/NR
2016 Lease Revenue Bonds         NR/NR NR/NR     NR/AA
2017 Lease Revenue Bonds                 NR/AA+ NR/NR NR/AA
2018 Lease Revenue Bonds NR/AA+ NR/NR NR/AA
John Wayne Airport
2019A Airport Revenue Refunding Bonds NR/NR     NR/NR NR/A+
2019B Airport Revenue Refunding Bonds NR/NR NR/NR NR/A+

* NR - Not rated
** WD - Withdrawn