Orange County NC Website
3 <br /> Peer Comparatives ORANGE COUNTY <br /> NORTH CAROLINA. <br /> Peer Comparative Introduction Moody's Investors Standard & Poor's Fitch Ratings <br /> • The County is currently rated Aaa by Moody's Investors Service (May Service <br /> 2015),AAA by Standard and Poor's (June 2015), and AAA by Fitch <br /> (June 2015). Aaa AAA AAA <br /> Aa 1 AA+ AA+ <br /> • The following pages contain peer comparatives based on the Moody's Aa2 AA AA <br /> Aaa peer counties listed below. Aaa AA- AA- <br /> A1 A+ A+ <br /> A2 A A <br /> — National Aaa Counties - 80 Credits A3 A- A- <br /> Baa1 BBB+ BBB+ <br /> — North Carolina Aaa Counties - 7 Credits Baa2 BBB BBB <br /> — Durham Baa3 BBB- BBB- <br /> - Forsyth Non Investment Grade <br /> — Guilford <br /> — Mecklenburg <br /> — New Hanover <br /> — Orange <br /> — Wake <br /> Note: The data shown in the peer comparatives is from Moody's Municipal Financial <br /> Ratio Analysis database. The figures shown are derived from the most recent financial <br /> statement available as of August 25, 2015 (FY 2014 figures in most cases). <br /> DAVENPORT&COMPANY <br /> September 10,2015 Orange County, NC 3 <br />