Bonds

About

We sell general obligation bonds as a way to pay for building, renovating or expanding facilities, like libraries, fire stations and parks.

Voters must approve them through a referendum, and by law, the bonds, if approved, may only be used for purpose stated in the ballot question.

Because we hold a triple-A rating, our bonds sell at relatively low interest ratessaving taxpayers hundreds of millions of dollars.

Public School Bond on the Ballot

There will be a $435 million public school bond question on the Nov. 7, 2023 general election ballot.

The Board of Supervisors approved this bond referendum at their June 27 meeting, following the School Board's request in May.

If approved by a majority of voters, the Fairfax County Public Schools plan to use the bond funds to:

  • Renovate seven elementary schools
  • Plan and design renovations of eight elementary schools and one middle school
  • Complete three modular relocations
  • Install school security vestibules at more than 25 schools
2023 School Bond. Proposed projects to be funded.

 

Bond Explanations

Read an explanation about how the Public Schools plan to use the bond money if approved by voters. It is available in multiple languages.


Ballot Question

Read the Nov. 7 ballot question for the public school bond.


Bonds: Frequently Asked Questions

Get answers to frequently asked questions about bonds, including why the county uses bonds to pay for capital facilities, how the money may be used and the costs of borrowing. 


Fairfax Virtual Assistant