San Diego County Debt Investor Relations

Credit Rating

As of 10/31/2023

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: AA+

Investment Pool 

  • Fitch: AAA/S1 


Debt Portfolio

For comprehensive information, view the Debt Management Policies and Obligations section of the County of San Diego Operational Plan.  



Pension Obligation Bonds



Lease Revenue Bonds

2016 County Operations Center, San Diego Regional Building Authority

Certificates of Participation

2023 County Public Health Laboratory and Capital Improvements

2021 Youth Transition Campus

2020A County Administration Center Waterfront Park 

2020B Cedar and Kettner Development

2019 Justice Facilities Refunding

2014 Edgemoor and RCS Refunding

Tax Allocation Bonds

2005 Gillespie Field Project

Tax and Revenue Anticipation Notes






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.

  • Ebony Shelton, Deputy Chief Administrative Officer / Chief Financial Officer
  • Tracy Drager, Auditor & Controller
  • Dan McAllister, Treasurer-Tax Collector


San Diego County Capital Asset Leasing Corporation (SANCAL) was established to finance the acquisition of County buildings and equipment. 


Disclaimer: This information is provided to you as a matter of convenience and speaks as of the end of the last period to which they relate. There may have been changes in the financial condition or affairs of the County of San Diego since then, the County of San Diego has not undertaken to update the financial statements, or such other documents.