Ratios of Outstanding Debt by Type
Last Ten Fiscal Years
(Expressed in Thousands)
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
General Obligation Bonds $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 $16,402,537
Transportation Obligation Bonds 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 4,089,540
Long-Term Notes 146,090 - - 228,160 1,143,955 915,795 747,935 573,365 580,775 520,275
Capital Leases 60,491 56,244 51,748 47,129 41,702 42,995 42,759 38,218 37,820 35,368
Total Governmental Activities 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 21,047,720
Business-Type Activities
Revenue Bonds 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 1,356,779
Total Business-Type Activities 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 1,356,779
Total Primary Government $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 $22,404,499
Debt as a Percentage of Personal Income 7.85% 7.45% 8.54% 9.11% 9.28% 9.15% 8.41% 8.75% 8.82% 9.35%
Amount of Debt Per Capita $4,274 $4,268 $4,877 $5,092 $5,399 $5,492 $5,427 $5,472 $5,806 $6,234


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