Ratios of Outstanding Debt by Type
Last Ten Fiscal Years
(Expressed in Thousands)
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
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 $13,592,708 $13,794,340 $13,964,576
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 3,357,595 3,287,340
Long-Term Notes 219,235 273,215 209,560 146,090 - - 228,160 1,143,955 915,795 747,935
Capital Leases 67,988 53,761 76,955 60,491 56,244 51,748 47,129 41,702 42,995 42,759
Total Governmental Activities 12,709,392 13,087,536 13,305,632 13,512,075 13,475,410 15,935,000 16,535,829 17,808,850 18,110,725 18,042,610
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 1,498,380 1,556,218 1,439,345
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 1,498,380 1,556,218 1,439,345
Total Primary Government $14,264,553 $14,801,341 $14,925,290 $15,035,205 $15,053,133 $17,293,084 $18,137,626 $19,307,230 $19,666,943 $19,481,955
Debt as a Percentage of Personal Income 9.58% 9.32% 8.95% 8.45% 7.82% 8.78% 9.31% 9.84% 9.49% 9.19%
Amount of Debt Per Capita $4,092 $4,230 $4,252 $4,290 $4,357 $5,077 $5,181 $5,402 $5,483 $5,427

Notes: Details regarding the State's debt can be found in Note 18 of the financial statements.