Debt Management

The purpose of this web page is to provide disclosure and other information related to the County's issuance of bonds and other obligations. Montgomery County's General Obligation Bonds are rated Aaa by Moody's Investors Service, AAA by Standard and Poor's, and AAA by Fitch. These highest-level ratings reflect the County's growing and diverse economy, its substantial tax base, strong financial position, and strong financial management.

Montgomery County issues General Obligation Bonds once a year to fund major capital construction projects such as schools, roads, and other government facilities. From time to time the County issues other types of bonds as well as other short- and long-term obligations to suit a particular project need or fiscal management objective. The Debt Overview provides additional information on the wide variety of Montgomery County's debt financing activities.

The vision of the Montgomery County, Maryland Department of Finance is to be a world-class financial operation by promoting accountability, efficient services, and sound financial decision making. We hope you find this site useful. If you have any comments or suggestions, please contact us directly at 240-777-8860 or by e-mail to