Independent School District • VA

Fairfax County Public Schools (FCPS)

Public Bond Indebtedness, Interest Obligations & Debt Service Tax Pressure

98% Conf.

Tax Drift Index

76/ 100

High Drift Risk

Fairfax County Public Schools (FCPS) Bond Carrying Cost Briefing

MSRB EMMA Official Bond Filings & State Education AgencyAugust 2026

Northern Virginia largest educational system maintaining 198 school facilities with strong county general obligation bond backing.

M&O Rate: 0.7%I&S Debt Rate: 0.1%Combined Rate: 0.7%

Total Outstanding Bond Debt

$3.2B

Voter-Approved Capital Bonds

Debt Burden Per Student

$17,777

Among Top 5% Nationally

Student Enrollment

180,000

Active K-12 Student Population

Annual Debt Interest Service

$160.0M

Annual Interest & Sinking Outflow