General Obligation Bonds. To finance most major capital construction projects, Fairfax County issues bonds which must be approved by the electorate (you) at election time, and are general obligations of the County. Our bonds have triple-A ratings of quality from both Moody's and Standard and Poor's rating services, resulting in lower interest rates to the County.

Special Revenue Bonds. The County and its various authorities also issue special or project revenue bonds which are not part of the County budget.