| Ratios of Net General Debt by Type | |||||||
| Last Seven Fiscal Years | |||||||
| (Expressed in Thousands) | |||||||
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | |
|---|---|---|---|---|---|---|---|
| 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 |
| Debt Service Fund Balance | (622,083) | (635,679) | (677,555) | (674,630) | (676,894) | (683,636) | (679,384) |
| Net General Obligation Bonded Debt | $11,800,086 | $12,124,881 | $12,341,562 | $12,630,864 | $12,742,272 | $15,199,616 | $15,581,156 |
| Net General Obligation Debt as a | |||||||
| Percentage of Personal Income | 7.92% | 7.63% | 7.40% | 7.10% | 6.62% | 7.72% | 8.05% |
| Amount of Net GO Debt Per Capita | $3,385 | $3,465 | $3,516 | $3,604 | $3,688 | $4,463 | $4,450 |
Notes: Details regarding the State's debt can be found in Note 16 of the financial statements. In 2002 the State began issuing government-wide statements in accordance with GASB Statement 34.