Ratios of Net General Debt by Type
Last Ten Fiscal Years
(Expressed in Thousands)
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
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
Debt Service Fund Balance (622,083) (635,679) (677,555) (674,630) (676,894) (683,636) (679,384) (687,752) (708,645) (703,376)
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 $16,443,290 $16,548,540
Net General Obligation Debt as a
Percentage of Personal Income 7.92% 7.63% 7.40% 7.10% 6.62% 7.72% 8.00% 8.12% 7.93% 7.81%
Amount of Net GO Debt Per Capita $3,385 $3,465 $3,516 $3,604 $3,688 $4,463 $4,450 $4,459 $4,584 $4,610

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