Dare County maintains high ratings from the three major national bond rating agencies – Standard & Poor’s, Fitch Ratings and Moody’s Investors Services – reaffirming their confidence in the county’s financial management and its economic outlook.
High bond ratings mean the county is able to sell debt to finance capital projects at lower interest rates. The ratings also increase the value of existing General Obligation bonds for investors.
|Current Ratings||Moody's Investors
|Standard & Poor's
|General Obligation (GO)||Aa2||AA+||AA|
|Certificates of Participation (COPS)||Aa3||AA||
|Water Revenue Bonds||
(Series 2009, Series 2011,
and Series 2017)
Rating Outlook Positive