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: September 30, 2018

Type of Bonds Fitch Insured/ Underlying Moody's Insured/ Underlying S&P Insured/ Underlying
Issuer/Default Rating AA+ Aa1 AA+
1991 Civic Center Parking COPs WD/NR WD/Aa2 WD/NR
1997A Refunding Pension Obligation Bonds         WD/AA Baa2/Aa1 WD/NR
2012 Juvenile Justice Center Lease Refunding Bonds NR/NR         NR/Aa2 NR/AA
2016 Lease Revenue Bonds         NR/NR NR/NR     NR/AA
2017 Lease Revenue Bonds                 NR/AA NR/NR NR/AA
John Wayne Airport
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** WD - Withdrawn