Loudoun County’s leadership is like many other counties, with a governing nine-member board of supervisors. The chairman is elected at large, while the other supervisors are elected from each of the eight districts in the county. The board also appoints a county administrator, who manages county operations.
The similarities to “every other county” end there, however. Loudoun’s current administrator, Kirby Bowers, has been in office over a decade and has worked with the board and county staff during this time on the county’s continually improving bond rating status.
In June 2005, their work was realized when county financial management received the best possible assessment: AAA bond ratings from all three of the major rating agencies; Moody’s, Fitch and Standard and Poors. These ratings have since been reaffirmed twice. In the world of finances, this puts Loudoun in a very elite crowd; in the top one percent of all counties nationwide for its financial administration. It makes us not just the A students in school, but the ‘triple, triple A students,’ and our taxpayers will continue to benefit from this status.
We're also fortunate to live within the Commonwealth of Virginia, which itself maintains an nationally-recognized reputation for excellence, including being named the Best Managed State in the Nation by Governing Magazine. Virginia has also received a AAA bond rating status for the last 70 years, longer than any other state.