Investor Relations
Credit Rating
As of 6/30/2025
Issuer Rating
- Moody’s: Aaa
- S&P: AAA
- Fitch: AAA
Certificates of Participation & Lease Revenue Bonds
- Moody’s: Aa1
- S&P: AA+
- Fitch: AA+
Pension Obligation Bonds
- Moody’s: Aaa
- S&P: AAA
- Fitch: AAA
Investment Pool
- Fitch: AAAf/S1
Short-Term Rating
- Moody's: MIG 1
- S&P: SP-1+
- Fitch: F1+
Debt Portfolio
For comprehensive information, view the Debt Management Policies and Obligations section of the most recent Operational Plan.
2025 Tax and Revenue Anticipation Notes
2025 Certificates of Participation - County Operations Center
2024 Certificates of Participation - Edgemoor Refunding
2023 Certificates of Participation - County Public Health Laboratory and Capital Improvements
2021 Certificates of Participation - Youth Transition Campus
2020 Certificates of Participation - County Administration Center Waterfront Park & Cedar and Kettner Development
2019 Certificates of Participation - Justice Facilities Refunding
2008 Pension Obligation Bonds
2005 Tax Allocation Bonds - Gillespie Field Project
Debt Management
For comprehensive information, view the Debt Management Policies and Obligations section of the most recent Operational Plan.
Debt Advisory Committee
The Debt Advisory Committee reviews and evaluates financial obligations that bear the name of the County of San Diego or of any subordinate agency of the County, centralizing the management of long-term obligations. The committee is composed of the Chief Financial Officer, Auditor & Controller, and Treasurer-Tax Collector.
San Diego Capital Asset Leasing Corporation
San Diego County Capital Asset Leasing Corporation (SANCAL) was established to finance the acquisition of County buildings and equipment.
San Diego County Board of Supervisors Policy
San Diego County Code of Administrative Ordinances
- 113.1.-113.3 GENERAL FUND BALANCES AND RESERVES
- 113.4 FUND BALANCES AND USE OF ONE TIME REVENUES
- 113.5. MANAGEMENT PRACTICES
Other Policies
Tax Equity and Fiscal Responsibility Act (TEFRA)
Independent Registered Municipal Advisor (IRMA)
- 2022-02 Notice of Retention of Independent Registered Municipal Advisor
- 2022-02 Public Resources Advisory Group
- 2024-01 Notice of Retention of Independent Registered Municipal Advisor
- 2024-11 Public Resources Advisory Group
- 2025-01 Public Resources Advisory Group
- 2025-03 Notice of Retention of Independent Registered Municipal Advisor
