Virgina County to Sell $376.8M of Bonds for Public Works

Dow Jones

Jan 16

By Paulo Trevisani

Fairfax County, Va., plans to issue $376.8 million of bonds to finance public works projects.

The tax-exempt Public Improvement Bonds Series 2026 A will mature between 2026 and 2045, according to a document posted Wednesday on MuniOS.

The securities will be sold in a competitive sale. Offers can be submitted electronically through the BiDCOMP/Parity Competitive Bidding System until 10:30 a.m. ET on Jan. 21, according to the notice of sale.

The securities are backed by revenue collected from property taxes. For the fiscal year ended June 30, Fairfax's total general fund tax revenues were reported at $4.8 billion.

Proceeds will be used to finance improvements for local schools and transportation, along with public safety, parks and library facilities.

The bonds are rated AAA by both S&P Global Ratings and Fitch Ratings, and Aaa by Moody's.

Write to Paulo Trevisani at paulo.trevisani@wsj.com

(END) Dow Jones Newswires

January 15, 2026 15:28 ET (20:28 GMT)

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