The ‘AAA’ IDR reflects Los Angeles County’s ‘aaa’ financial resilience, ‘Midrange’ demographic- and economic-level metrics, and ‘Strong’ long-term liability burden profile, including a Fitch-estimated $2.5 billion in expected JOBs to support a portion of the $4.8 billion in agreed-upon legal settlements over five years.
Mon 27 Jul, 2026 – 11:27 AM ET