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 rates — saving taxpayers hundreds of millions of dollars.

There will be two bond questions on the Nov. 3, 2026 general election ballot.

Fairfax County Parks and Park Facilities

Shall Fairfax County, Virginia, contract a debt, borrow money, and issue bonds, in addition to the parks and park facilities bonds previously authorized, in the maximum aggregate principal amount of $180,000,000 for the purpose of providing funds, with any other available funds, to finance, including reimbursement to the County for temporary financing for, the Fairfax County Park Authority’s cost to acquire, construct, develop, and equip additional parks and park facilities, to preserve open-space land, and to develop and improve existing parks and park facilities?

Community Health & Human Services Facilities

Shall Fairfax County, Virginia, contract a debt, borrow money, and issue bonds, in addition to the community health and human services facilities bonds previously authorized, in the maximum aggregate principal amount of $75,000,000 for the purpose of providing funds, with any other available funds, to finance, including reimbursement to the County for temporary financing for, the cost to provide community health and human services facilities, including the construction, reconstruction, enlargement, and equipment of existing and additional community health and human services facilities and the acquisition of necessary land? 

The Board of Supervisors approved this bond referendum at their June 23 meeting.

 

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Bond Explanations

Read an explanation about how the bond funding will be used if approved by voters. It is available in multiple languages.

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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. 

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Previous Bonds

Voters approved the following bonds on Nov. 4, 2024:

Voters approved the following bond on Nov. 7, 2023:

 

Voters approved the following bond on Nov. 2, 2021:

 

Voters approved the following bonds on Nov. 3, 2020: 

Voters approved the following bond on Nov. 5, 2019:

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