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Orange County continues with excellent credit score

The County of Orange has continued to achieve a AAA rating when other municipalities are downgraded.
We have the highest credit quality with the lowest risk of default in the industry. The affirmed rating reflects the continued overall strength of the County’s local demographic and economic indicators, including unemployment rate, educational attainment, and median household income.
Fitch Ratings highlights the County’s vital role and positive regional impact in the national economy as the County is home to several business headquarters which contribute to its high employed workforce. Furthermore, this rating continues to highlight the County’s strong budget resilience and low debt.
“Strong fiscal management leads to affirmations from ratings agencies such as Fitch Ratings that the County continues to be on the right path,” said Supervisor Janet Nguyen. “This is a testament to the hard work that our budget team and prior Board of Supervisors have made to ensure we are better positioned when we face economic headwinds.”
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