Bond Investor Information and Official Statements
Current Ratings
Financial Documents
Official Statements
The Finance Department, per statutory requirement, produces an Official Statement in support of Prince William County’s bond issuances. This document contains complete details of the bond issue, as well as comprehensive information about Prince William County, its citizens and its governance.
Prince William County was upgraded to AAA by Fitch Rating in 2004, by Moody's Investors Service in 2010 and by Standard & Poor in 2011. Prince William County is one of only 0.4% (72 of 17,669) of local governments which have achieved top ratings from all three agencies:
"Despite mounting pressure on revenues resulting from housing market declines, fiscal operations remain relatively stable, guided by closely monitored expenditure controls, regular financial reporting, and multi-year financial forecasting.” - Fitch
"The experienced management team’s history of prudent fiscal management will ensure maintenance of strong fiscal flexibility, despite tax base contraction and sales tax declines.” - Moody's
"The stable outlook reflects our opinion of the county's consistent financial performance throughout the recession, despite a significant decline in [real estate] assessments in 2009 and 2010. We expect the county's capable management team will maintain a solid financial position, as it begins to see growth in the tax base and economically sensitive revenues. The county's strong wealth and income levels, continued economic development, and participation in the diverse Washington, D.C. Metropolitan Statistical Area (MSA) are also stabilizing factors." - Standard and Poor's
GO 2012 AB Refunding Official Statement.pdf