Ratios of Outstanding Debt by Type
Last Ten Fiscal Years
(Expressed in Thousands)
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Governmental Activities
General Obligation Bonds $9,905,242 $10,211,493 $10,596,581 $13,092,570 $13,443,525 $13,592,708 $13,794,340 $13,964,576 $14,228,228 $15,281,579
Transportation Obligation Bonds 3,113,875 3,094,001 2,822,585 2,790,682 2,817,015 3,030,485 3,357,595 3,287,340 3,461,875 3,771,260
Long-Term Notes 209,560 146,090 - - 228,160 1,143,955 915,795 747,935 573,365 580,775
Capital Leases 76,955 60,491 56,244 51,748 47,129 41,702 42,995 42,759 38,218 37,820
Total Governmental Activities 13,305,632 13,512,075 13,475,410 15,935,000 16,535,829 17,808,850 18,110,725 18,042,610 18,301,686 19,671,434
Business-Type Activities
Revenue Bonds 1,619,658 1,523,130 1,577,723 1,358,084 1,601,797 1,498,380 1,556,218 1,439,345 1,376,698 1,212,681
Total Business-Type Activities 1,619,658 1,523,130 1,577,723 1,358,084 1,601,797 1,498,380 1,556,218 1,439,345 1,376,698 1,212,681
Total Primary Government $14,925,290 $15,035,205 $15,053,133 $17,293,084 $18,137,626 $19,307,230 $19,666,943 $19,481,955 $19,678,384 $20,884,115
Debt as a Percentage of Personal Income 8.95% 8.45% 7.82% 8.78% 9.31% 9.84% 9.49% 8.89% 8.98% 9.21%
Amount of Debt Per Capita $4,256 $4,274 $4,268 $4,877 $5,092 $5,399 $5,492 $5,427 $5,471 $5,806


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