The 'A+' rating on Orange County, Fla.'s solid waste facility refunding revenue bonds series 2003 reflects the following factors: The system's ability to provide long-term disposal capacity; A growing, tourism-related economic base; Strong finances; and Competitive tipping fees, which are expected to remain competitive despite a substantial capital improvement plan (CIP). The county (population: about 896,344) provides solid waste disposal through the operation of a landfill with an anticipated life of about 25 years. The service area has experienced rapid growth in recent years (32% population growth 1990-2000). Although somewhat concentrated in tourism and related trade and service, employment is deep with Walt Disney World as the largest employer. Services make up 46.3% of county employment and 43% of income.
