Ratios of Outstanding Debt by Type
Last Ten Fiscal Years
(Expressed in Thousands)
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
General Obligation Bonds $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 $17,394,622
Transportation Obligation Bonds 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 4,519,690
Long-Term Notes - - 228,160 1,143,955 915,795 747,935 573,365 580,775 520,275 352,585
Capital Leases 56,244 51,748 47,129 41,702 42,995 42,759 38,218 37,820 35,368 32,342
Total Governmental Activities 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 22,299,239
Business-Type Activities
Revenue Bonds 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 1,246,681
Total Business-Type Activities 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 1,246,681
Total Primary Government $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 $23,545,920
Debt as a Percentage of Personal Income 7.37% 7.97% 8.43% 8.68% 8.58% 8.34% 8.53% 8.71% 9.08% 9.33%
Amount of Debt Per Capita $4,268 $4,877 $5,092 $5,399 $5,492 $5,427 $5,472 $5,806 $6,234 $6,564

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