Ratios of Net General Debt by Type
Last Ten Fiscal Years
(Expressed in Thousands)
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
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
Debt Service Fund Balance (677,555) (674,630) (676,894) (683,636) (679,384) (687,752) (708,645) (703,376) (660,113) (659,543)
Net General Obligation Bonded Debt $12,341,562 $12,630,864 $12,742,272 $15,199,616 $15,581,156 $15,935,441 $16,443,290 $16,548,540 $17,029,990 $18,393,296
Net General Obligation Debt as a
Percentage of Personal Income 7.40% 7.10% 6.62% 7.72% 8.00% 8.12% 7.93% 7.55% 7.77% 8.11%
Amount of Net GO Debt Per Capita $3,519 $3,590 $3,613 $4,286 $4,374 $4,456 $4,592 $4,610 $4,736 $5,114


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