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Agenda - 06-18-2024; 6-c - Proposed Bond Order Authorizing $300 Million in County General Obligation School Bonds, Subject to Voter Approval, and Approve the Details of the Referendum
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Agenda - 06-18-2024; 6-c - Proposed Bond Order Authorizing $300 Million in County General Obligation School Bonds, Subject to Voter Approval, and Approve the Details of the Referendum
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6/13/2024 2:43:22 PM
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BOCC
Date
6/18/2024
Meeting Type
Business
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Agenda
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6-c
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Agenda for June 18, 2024 BOCC Meeting
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14 <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; and Reaffirmed June 2024. <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 />
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