State of Connecticut

Ratios of Net General Debt by Type
Last Eight Fiscal Years
(Expressed in Thousands)
  2003 2004 2005 2006 2007 2008 2009 2010
General Obligation Bonds $9,216,354 $9,606,611 $9,905,242 $10,211,493 $10,596,581 $13,092,570 $13,443,525 $13,592,708
Transportation Obligation Bonds 3,205,815 3,153,949 3,113,875 3,094,001 2,822,585 2,790,682 2,817,015 3,030,485
Debt Service Fund Balance (622,083) (635,679) (677,555) (674,630) (676,894) (683,636) (679,384) (687,752)
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 $15,935,441
                 
Net General Obligation Debt as a                
Percentage of Personal Income 7.92% 7.63% 7.40% 7.10% 6.62% 7.72% 8.00% 7.99%
                 
Amount of Net GO Debt Per Capita $3,385 $3,465 $3,516 $3,604 $3,688 $4,463 $4,450 $4,459


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.