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Arlington County Credit Rating Reaffirmed

Arlington County’s top Aaa credit rating has been reaffirmed by Moody’s Investor Service, but with a “negative outlook” assigned.

The rating agency had threatened to downgrade Arlington during the U.S. debt crisis, due to its indirect ties to the federal government. With the debt crisis resolved and with the federal government’s Aaa rating reaffirmed, Moody’s reaffirmed the ratings of more than 300 public finance issuers, including Arlington.

In a statement, Moody’s said that Arlington and other debt issuers would, like the federal government, be assigned a “negative outlook.” The agency said that the outlooks “will be reviewed on a case by case basis in the coming weeks,” in order to determine whether individual outlooks should be set back at “stable.”

“In order to have a stable outlook, an issuer will need to have credit quality that could be expected to remain higher than that of the U.S. government in the event that the sovereign were downgraded from Aaa,” Moody’s said.

The county’s debt rating affects the interest rate at which it is able to borrow money through bond issues.

Recent Stories

Good Monday evening, Arlington. Let’s take a look back at today’s stories and a look forward to tomorrow’s event calendar. đź•— News recap The following articles were published earlier today…

An 18-year-old Arlington woman is facing a litany of charges after an reported bike theft led to violence. The incident happened Sunday evening near the intersection of S. Walter Reed…

What do I do if school doesn’t fit my kid? That’s the question that so many of the parents and families ask when they’re looking at small independent schools like…

There is a new play area for kids inside Ballston Quarter with plenty of pint-sized attractions. Located on the first floor of the mall, near the about-to-close Macy’s, Junior Playland…

Well-Paid Maids recently unveiled a new scheduling system.

That means it’s easier than ever to book your professional home cleaning with the only certified living-wage home cleaning service in the D.C. area.

Here’s what to expect when you book your cleaning:

  1. Select your location.

  2. Choose your service (i.e. 1 BD/1BA). (This is also where you’ll see the rate.)

  3. Pick your cleaner. (If you don’t have a preference, opt for “any available.”)

  4. Schedule a date and time. You can also set up recurring cleanings and get a discount!

  5. Enter your information and reserve.

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Submit your own Announcement here.

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Submit your own Announcement here.

Portofino Italian Wine Dinner, April 6, 6:30pm

Four course Italian dinner, paired with 2 wines each. The wines will be served “blind” and notes on each wine will be discussed. The event is coordinated with Elite Wine Importers and The Portofino Restaurant. The dinner is on Saturday,

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