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Fitch Affirms Arlington’s ‘AAA’ Bond Rating

Update at 4:25 p.m. — Correction to previous update: Arlington officials say that Standard & Poor’s has also assigned it a ‘AAA’ rating.

With the sale of more than $200 million in bonds coming up, Arlington got some good news yesterday from one of the bond rating agencies.

Fitch Ratings affirmed Arlington’s ‘AAA’ rating and said that its rating outlook is ‘stable.’

“Arlington County’s outstanding financial management, highlighted by conservative budgeting, timely tax and fee increases, and closely monitored expenditure controls, consistently produces surplus operating results leading to solid reserve levels and liquidity,” Fitch said in a statement. “The significant presence of the federal government serves to insulate the region from economic downturns and attracts high-wage employment opportunities from information technology, aerospace, defense, and consulting contractors. Economic characteristics remain exceptionally strong underscored by very low unemployment, superior wealth levels, and one of the most highly educated labor forces in the nation.”

Arlington receives new bond ratings before every bond sale — typically once per year. Officials expects to receive ratings from the two other rating agencies soon, according to county spokeswoman Diana Sun.

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Dr. Sullivan brings a wealth of experience in family medicine, underpinned by a passion for delivering personalized, patient-centered care. He has a distinguished background in managing various medical conditions, emphasizing preventive care, health education and chronic disease management. Dr. Sullivan is adept at employing the latest medical research and technologies to enhance patient outcomes.

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Dr. Sullivan is now accepting new patients at their newly established Arlington office at 2445 Army Navy Drive, Arlington, VA, 22206. The office, known for its patient-friendly amenities and state-of-the-art medical facilities, continues to provide the exceptional, personalized care NVFP is known for in its newly upgraded Arlington location.

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