u gg outlet canada Just like you would use a credit card to invest in a big purchase, local governments eliminate credit, too, to invest in big projects."Capital projects like the renovation of schools or building new schools, building new fire stations, transportation projects," said Sharon Bulova, Chairman within the Fairfax County Board of Supervisors.Bulova explained these are called bond sales. A county or state asks investors for cash and offers to pay them back with interest.Their bond rating, just like your credit score, determines the amount of interest they will pay."Because our bond rating is extremely good, we will finance debt with lower interest rates," said Bulova.Historically, Fairfax County had the capacity to sell bonds below 4 percent, saving the county about $500 million mainly because it got the coveted AAA rating in 1975.Now imagine if suddenly your bank jacked your interest rate. You might