Lee County Florida Arpt Revenue

Compiled from MSRB EMMA & public records · read-only public record · debt as of Sep 11, 2026 · latest trade Sep 11, 2026 · latest filing Apr 29, 2026

Credit ratings

agency-stated

Moody's

27 rated securities · insured

KBRA

A+

25 rated securities · insured

Maturity profile

par maturing by year · as of Sep 2026

Recent activity

rating actions & filings

Audited Financial Statements or ACFR filed

Apr 29, 2026 · Audited Financial Statements or ACFR: 2025 Financial Report - L…

Annual Financial Information and Operating Data filed

Apr 29, 2026 · Annual Financial Information and Operating Data: 2025 Annual Re…

Other Financial / Operating Data filed

Mar 12, 2026 · Other Financial / Operating Data: Incorporate OS by Reference

Official statement posted

Mar 6, 2026 · AIRPORT REVENUE BONDS, SERIES 2026A-1 (AMT)

Moody's Initial — A2 (Stable)

Feb 6, 2026 · Rating Action: Moody's Ratings assigns A2 to Lee (County of) FL…

Audited Financial Statements or ACFR filed

Apr 30, 2025 · Audited Financial Statements or ACFR: 2024 Financial Report - L…

In context

Larger than 98% of FL issuers by debt outstanding · #33 of 1974

Debt overview

EMMA-derived

Outstanding par (EMMA est.)—

Securities75

Callable57%

Outstanding securities

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Outstanding securities for Lee County Florida Arpt Revenue
CUSIP	Series / description	Coupon	Maturity	Outstanding	Ratings	First call
523470GR7	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2026	$4,185,000	Moody’s A2Kroll A+	—
523470GE6	LEE CNTY FLA ARPT REV AMT REF BDS 2021 A (FL)*	5.0%	Oct 1, 2026	$14,680,000	Moody’s A2Kroll A+	—
523470FU1	LEE CNTY FLA ARPT REV AIRPORT REV REF BDS 2011A (FL)*	5.625%	Oct 1, 2026	$16,825,000	—	—
523470FV9	LEE CNTY FLA ARPT REV AIRPORT REV REF BDS 2011A (FL)*	5.0%	Oct 1, 2027	$17,765,000	—	—
523470GS5	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2027	$4,395,000	Moody’s A2Kroll A+	—
523470GF3	LEE CNTY FLA ARPT REV AMT REF BDS 2021 A (FL)*	5.0%	Oct 1, 2027	$15,410,000	Moody’s A2Kroll A+	—
523470FW7	LEE CNTY FLA ARPT REV AIRPORT REV REF BDS 2011A (FL)*	5.0%	Oct 1, 2028	$18,655,000	—	—
523470GT3	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2028	$4,610,000	Moody’s A2Kroll A+	—
523470GG1	LEE CNTY FLA ARPT REV AMT REF BDS 2021 A (FL)*	5.0%	Oct 1, 2028	$15,400,000	Moody’s A2Kroll A+	—
523470GH9	LEE CNTY FLA ARPT REV AMT REF BDS 2021 A (FL)*	5.0%	Oct 1, 2029	$16,000,000	Moody’s A2Kroll A+	—
523470GU0	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2029	$4,845,000	Moody’s A2Kroll A+	—
523470CA8	AMT-SER A	6.0%	Oct 1, 2029	$72,590,000	—	—
523470GV8	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2030	$5,085,000	Moody’s A2Kroll A+	—
523470GJ5	LEE CNTY FLA ARPT REV AMT REF BDS 2021 A (FL)*	5.0%	Oct 1, 2030	$16,100,000	Moody’s A2Kroll A+	—
523470GW6	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2031	$5,340,000	Moody’s A2Kroll A+	—
523470GK2	LEE CNTY FLA ARPT REV AMT REF BDS 2021 A (FL)*	5.0%	Oct 1, 2031	$16,200,000	Moody’s A2Kroll A+	—
523470EM0	RESIDUALS-SER 2446-1	0.0%	Oct 1, 2032	$3,740,000	—	Oct. 1, 2026
523470BU5	AMT-SER A	6.0%	Oct 1, 2032	$55,425,000	—	—
523470EL2	FLOATERS-SER 2446	0.0%	Oct 1, 2032	$11,210,000	—	Oct. 1, 2026
523470FZ0	LEE CNTY FLA ARPT REV ARPT REV REF BDS 2015 (FL)*	5.0%	Oct 1, 2032	$10,385,000	Moody’s A2	—
523470JT0	LEE CNTY FLA ARPT REV REF BDS 2026 B (FL)*	5.0%	Oct 1, 2032	$8,880,000	—	—
523470GL0	LEE CNTY FLA ARPT REV AMT REF BDS 2021 A (FL)*	5.0%	Oct 1, 2032	$5,800,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470FY3	LEE CNTY FLA ARPT REV AIRPORT REV REF BDS 2011A (FL)*	5.375%	Oct 1, 2032	$58,625,000	—	—
523470GX4	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2032	$5,605,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470FX5	LEE CNTY FLA ARPT REV AIRPORT REV REF BDS 2011A (FL)*	5.375%	Oct 1, 2032	$15,000,000	—	—
523470GY2	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2033	$5,885,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470BV3	SER B	5.75%	Oct 1, 2033	$36,180,000	—	—
523470EK4	REF	5.0%	Oct 1, 2033	$36,810,000	—	—
523470GA4	LEE CNTY FLA ARPT REV ARPT REV REF BDS 2015 (FL)*	5.0%	Oct 1, 2033	$23,040,000	Moody’s A2	—
523470JU7	LEE CNTY FLA ARPT REV REF BDS 2026 B (FL)*	5.0%	Oct 1, 2033	$21,460,000	—	—
523470HK1	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.0%	Oct 1, 2034	$14,340,000	—	—
523470GZ9	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2034	$6,180,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470JV5	LEE CNTY FLA ARPT REV REF BDS 2026 B (FL)*	5.0%	Oct 1, 2034	$5,090,000	—	—
523470JA1	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.0%	Oct 1, 2034	$5,405,000	—	—
523470JB9	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.0%	Oct 1, 2035	$5,680,000	—	—
523470HA3	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2035	$6,490,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470HL9	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.0%	Oct 1, 2035	$15,055,000	—	Oct. 1, 2034
523470JW3	LEE CNTY FLA ARPT REV REF BDS 2026 B (FL)*	5.0%	Oct 1, 2035	$5,345,000	—	—
523470HM7	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.0%	Oct 1, 2036	$15,815,000	—	Oct. 1, 2034
523470JC7	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.0%	Oct 1, 2036	$5,960,000	—	—
523470HB1	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	4.0%	Oct 1, 2036	$6,815,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470JX1	LEE CNTY FLA ARPT REV REF BDS 2026 B (FL)*	5.0%	Oct 1, 2036	$5,610,000	—	—
523470JD5	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2037	$12,150,000	—	Oct. 1, 2036
523470HC9	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2037	$7,085,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470HN5	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.0%	Oct 1, 2037	$16,600,000	—	Oct. 1, 2034
523470HP0	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.25%	Oct 1, 2038	$17,430,000	—	Oct. 1, 2034
523470JE3	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2038	$12,785,000	—	Oct. 1, 2036
523470HD7	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	4.0%	Oct 1, 2038	$7,440,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470HQ8	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.25%	Oct 1, 2039	$18,350,000	—	Oct. 1, 2034
523470JF0	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2039	$13,465,000	—	Oct. 1, 2036
523470HE5	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2039	$7,740,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470HF2	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	4.0%	Oct 1, 2040	$8,125,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470HR6	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.25%	Oct 1, 2040	$19,305,000	—	Oct. 1, 2034
523470JG8	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2040	$14,170,000	—	Oct. 1, 2036
523470HS4	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.25%	Oct 1, 2041	$20,325,000	—	Oct. 1, 2034
523470JH6	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2041	$14,910,000	—	Oct. 1, 2036
523470HG0	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	4.0%	Oct 1, 2041	$8,455,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470JJ2	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2042	$15,695,000	—	Oct. 1, 2036
523470HT2	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.25%	Oct 1, 2042	$21,385,000	—	Oct. 1, 2034
523470HU9	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.25%	Oct 1, 2043	$22,510,000	—	Oct. 1, 2034
523470JK9	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2043	$16,520,000	—	Oct. 1, 2036
523470JL7	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2044	$17,385,000	—	Oct. 1, 2036
523470HV7	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.25%	Oct 1, 2044	$23,695,000	—	Oct. 1, 2034
523470JM5	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2045	$18,300,000	—	Oct. 1, 2036
523470JN3	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2046	$19,260,000	—	Oct. 1, 2036
523470HH8	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	5.0%	Oct 1, 2046	$48,560,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470JP8	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.25%	Oct 1, 2047	$20,270,000	—	Oct. 1, 2036
523470HW5	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.25%	Oct 1, 2049	$138,500,000	—	Oct. 1, 2034
523470HJ4	LEE CNTY FLA ARPT REV AMT BDS 2021 B (FL)*	4.0%	Oct 1, 2051	$60,750,000	Moody’s A2Kroll A+	Oct. 1, 2031
523470JQ6	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.5%	Oct 1, 2051	$92,645,000	—	Oct. 1, 2036
523470HX3	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.25%	Oct 1, 2054	$50,000,000	—	Oct. 1, 2034
523470HY1	LEE CNTY FLA ARPT REV AMT BDS 2024 (FL)*	5.25%	Oct 1, 2054	$128,850,000	—	Oct. 1, 2034
523470HZ8	AMT-UNINSURED-AG-CR	5.25%	Oct 1, 2054	—	—	Oct. 1, 2034
523470JR4	LEE CNTY FLA ARPT REV BDS 2026 A-1 (FL)*	5.5%	Oct 1, 2056	$147,510,000	—	Oct. 1, 2036
523470JS2	LEE CNTY FLA ARPT REV AMT BDS 2026 A-2 (FL)*	5.0%	Oct 1, 2056	$164,150,000	—	July 1, 2031

Market activity

EMMA · secondary trades · latest Sep 11, 2026

Each dot is a reported secondary trade — yield by trade date, sized by par, colored by trade side. Hover for detail.

Trade dateSecurityPriceYieldSizeSide

Sep 11 523470JD5 105.84 4.52% 50,000 Customer Bought

Sep 11 523470HQ8 103.81 4.68% 65,000 Inter-Dealer Trade

Sep 11 523470HQ8 104.86 4.52% 65,000 Customer Bought

Sep 11 523470HQ8 103.74 4.69% 65,000 Inter-Dealer Trade

Sep 11 523470JD5 105.24 4.59% 50,000 Customer Sold

Sep 11 523470JU7 107.75 3.74% 350,000 Customer Bought

Sep 11 523470JT0 107.33 3.64% 180,000 Customer Bought

Trade prints reported to the MSRB — a live market signal a manual issuer page cannot show.

20 callable securities carry a stated call price — refunding candidates as rates move.

Recent rating actions

Moody's · S&P · Fitch · KBRA

Moody's Rating Action: Moody's Ratings assigns A2 to Lee (County of) FL Airport Enterprise's Airport Revenue Bonds, Series 2026 bonds; outl…

Feb 6, 2026

Initial A2 Outlook Stable

View the filing on EMMA ↗

Moody's (AGM) and Assured Guaranty UK Limited (AGUK) to A1 from A2 and the IFS rating of Assured Guaranty Corp.

Mar 18, 2022

Downgrade A2 → A1 Outlook Stable

View the filing on EMMA ↗

Fitch The complete span of best- and worst-case scenario credit ratings for all rating categories ranges from 'AAA' to 'D'.

Sep 15, 2021

Downgrade AAA → D Outlook Stable

View the filing on EMMA ↗

S&P Standard & Poor's | Americas Lee County, FL Airport Revenue Bond Rating Lowered To 'A-' From 'A' On Declining Traffic Levels 30-Sep…

Sep 30, 2020

Withdrawn A → A- Outlook Negative

View the filing on EMMA ↗

Rating actions as disclosed by the issuer to the MSRB’s EMMA system under SEC Rule 15c2-12; the ratings are the opinions of the respective rating agencies (Moody's, S&P Global Ratings, Fitch Ratings, KBRA). Dates are the rating-action dates stated in each notice.

Financial summary

FY2023 · income statement

Total revenues

$129.2M

−

Total costs & deductions

$147.3M

Deficit (change in net position)

−$18.1M

✓ Anchored on the reported total revenues and change in net position; the bridge folds nonoperating & interest items into total costs. · As reported, FY2023 financial statements PDF p.21.

Where the money goes

FY2023 · operating expenses · $142.8M

30.2%

Contractual services, materials and supplies

$43.2M

23.4%

Salaries and wages

$33.3M

18.7%

Depreciation

$26.7M

9.7%

Pension and OPEB expense

$13.9M

6.8%

Employee benefits

$9.8M

4.2%

Utilities

$6.0M

3.0%

Repairs and maintenance

$4.3M

2.2%

Insurance

$3.2M

1.6%

Other

$2.3M

As reported, FY2023 financial statements PDF p.21.

Credit ratings

Maturity profile

Recent activity

Debt overview

Debt service

Outstanding securities

Market activity

Recent rating actions

Financial summary

Where the money goes

Document library

Disclosure record

Standing

Credentials on record

Dated obligations

Record quality

Frequently asked questions