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13 <br /> AAA GO Bond Ratings from the Three Nationally Recognized Rating Agencies <br /> ■ Orange County has maintained AAA ratings from Fitch, Moody's and <br /> Standard & Poor's the past ten years. <br /> ■ One of few counties with this distinction nation-wide. <br /> ■ AAA rating designation allows for lowest possible borrowing rates. <br /> ■ Prior three rating agencies' analyses have cited; <br /> ❖ Stable tax and economic base. <br /> ❖ Strong financial performance and financial policies. <br /> ❖ Regular monitoring of budget versus actuals with quarterly financial <br /> reporting to the Board. <br /> •'• Long-term financial modeling and proactive operating and debt <br /> management strategies. <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />