Moody’s Ratings Assigns Aa1 To Clark County’s Limited Obligation Bonds
- 11/13/26
Vancouver, Wash. – Moody’s Ratings last week assigned an Aa1 rating to Clark County’s $30.9 million Limited Tax General Obligation Bonds. The bonds are a part of a $44 million effort to finance multiple capital projects at the Clark County Fairgrounds Event Center.
Bonds will be issued in two phases: $32 million by the end of 2026 and $12 million in 2029.
Moody’s Aa1 rating is their second highest credit rating and typically given to issuers with very low credit risk and strong financial stability.
In a news release, Moody’s states in part, “The rating also incorporates the county’s sound financial position, supported by a capable management team, growing revenue streams and healthy reserves, with an available fund balance ratio of 36%.”
The capital projects are included in the Clark County Event Center at the Fairgrounds Master Plan and address critical updates, maintenance, and repairs needed at the fairgrounds. Projects include improvements such as a new maintenance shop and yard, covered arena, multipurpose building, covered rental pavilion/food court, green space, remodel of the livestock south barn, 179th Street marquee sign and updates to some of the parking lots including ADA parking.
“The county would like to thank Moody’s for reviewing the county’s financial position,” said County Manager Kathleen Otto. “The Aa1 rating is a true testament to Clark County’s commitment to fiscal responsibility. The positive rating provides the county with the ability to pursue the most advantageous financial path forward in support of this important project."
Moody’s Ratings Assigns Aa1 To Clark County’s Limited Obligation Bonds
- 11/13/26
Vancouver, Wash. – Moody’s Ratings last week assigned an Aa1 rating to Clark County’s $30.9 million Limited Tax General Obligation Bonds. The bonds are a part of a $44 million effort to finance multiple capital projects at the Clark County Fairgrounds Event Center.
Bonds will be issued in two phases: $32 million by the end of 2026 and $12 million in 2029.
Moody’s Aa1 rating is their second highest credit rating and typically given to issuers with very low credit risk and strong financial stability.
In a news release, Moody’s states in part, “The rating also incorporates the county’s sound financial position, supported by a capable management team, growing revenue streams and healthy reserves, with an available fund balance ratio of 36%.”
The capital projects are included in the Clark County Event Center at the Fairgrounds Master Plan and address critical updates, maintenance, and repairs needed at the fairgrounds. Projects include improvements such as a new maintenance shop and yard, covered arena, multipurpose building, covered rental pavilion/food court, green space, remodel of the livestock south barn, 179th Street marquee sign and updates to some of the parking lots including ADA parking.
“The county would like to thank Moody’s for reviewing the county’s financial position,” said County Manager Kathleen Otto. “The Aa1 rating is a true testament to Clark County’s commitment to fiscal responsibility. The positive rating provides the county with the ability to pursue the most advantageous financial path forward in support of this important project."