CAPITAL IMPROVEMENTS
PROJECTS COMPLETED IN FY 2025
Aldie Fire and Rescue Station #7
Ashburn Recreation and Community Center
Eastern Loudoun Group Home
Bles District Park Facility Improvements
Landfill Construction Demolition Debris Unit
Belmont Ridge Road Improvements
MAINTAINING OUR AAA STATUS
Loudoun County issues debt in the form of bonds and other financial instruments to help fund capital projects. As the county has experienced near exponential growth over the last two decades, the need for more facilities has grown as well. School and public safety facilities, recreational centers, transportation, and construction projects are often funded through the issuance of bonds. While Loudoun County has taken on debt in the creation of these capital improvements, it has done so responsibly and within the confines of good fiscal management. In May 2025, the nation’s top bond rating agencies affirmed Loudoun County’s triple-A ratings on its general obligation
bonds, noting the county’s strong financial performance, a robust economic profile with a diverse tax base and strong management. Loudoun County has held the Aaa rating from Moody’s since 2004, and AAA from Fitch Ratings and S&P Global since 2005. The three rating agencies also affirmed Loudoun’s AA+ and Aa1 ratings on the sale of public facility revenue bonds through the Economic Development Authority, as well as its outstanding appropriation-backed bonds. The rating outlook for all three rating agencies is “stable.” These are the highest ratings available from each of these firms, and these ratings allow the county to borrow at competitive interest rates and ensure that our residents’ tax revenues are used efficiently.
16
Powered by FlippingBook