Ratios of Net General Bonded Debt
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
Debt Service Fund Balance (674,630) (676,894) (683,636) (679,384) (687,752) (708,645) (703,376) (660,113) (659,543) (668,426)
Net General Obligation Bonded Debt $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 $19,823,651
Net General Obligation Debt as a
Percentage of Personal Income 7.10% 6.62% 7.72% 8.00% 8.12% 7.93% 7.55% 7.77% 8.11% 8.74%
Amount of Net GO Debt Per Capita $3,590 $3,613 $4,286 $4,374 $4,456 $4,592 $4,610 $4,736 $5,114 $5,516

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