San Diego County Investor Relations

Credit Rating

As of 6/14/2024

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 

Debt Portfolio

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

Debt Management

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

San Diego County Board of Supervisors Policy

• A-104 The Role of San Diego County Capital Asset Leasing Corporation
  
• B-37 Use of Capital Program Funds
• B-065 Long-Term Financial Obligation Management Policy
• I-136 Comprehensive Goals and Policies for Community Facilities Districts