Ratios of Outstanding Debt by Type | |||||||
Last Seven Fiscal Years | |||||||
(Expressed in Thousands) | |||||||
2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | |
---|---|---|---|---|---|---|---|
Governmental Activities | |||||||
General Obligation Bonds | $9,216,354 | $9,606,611 | $9,905,242 | $10,211,493 | $10,596,581 | $13,092,570 | $13,443,525 |
Transportation Obligation Bonds | 3,205,815 | 3,153,949 | 3,113,875 | 3,094,001 | 2,822,585 | 2,790,682 | 2,817,015 |
Economic Recovery Notes | 219,235 | 273,215 | 209,560 | 146,090 | - | - | 228,160 |
Capital Leases | 67,988 | 53,761 | 76,955 | 60,491 | 56,244 | 51,748 | 47,129 |
Total Governmental Activities | 12,709,392 | 13,087,536 | 13,305,632 | 13,512,075 | 13,475,410 | 15,935,000 | 16,535,829 |
Business-Type Activities | |||||||
Revenue Bonds | 1,555,161 | 1,713,805 | 1,619,658 | 1,523,130 | 1,577,723 | 1,358,084 | 1,601,797 |
Total Business-Type Activities | 1,555,161 | 1,713,805 | 1,619,658 | 1,523,130 | 1,577,723 | 1,358,084 | 1,601,797 |
Total Primary Government | $14,264,553 | $14,801,341 | $14,925,290 | $15,035,205 | $15,053,133 | $17,293,084 | $18,137,626 |
Debt as a Percentage of Personal Income | 9.58% | 9.32% | 8.95% | 8.45% | 7.82% | 8.78% | 9.37% |
Amount of Debt Per Capita | $4,092 | $4,230 | $4,252 | $4,290 | $4,357 | $5,077 | $5,181 |
Notes: Details regarding the State's debt can be found in Note 18 of
the financial statements.
In 2002 the State began issuing government-wide statements in accordance with GASB Statement 34.