Ratios of Net General Bonded Debt
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
Debt Service Fund Balance (676,894) (683,636) (679,384) (687,752) (708,645) (703,376) (660,113) (659,543) (668,426) -
Net General Obligation Bonded Debt $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 $21,914,312
Net General Obligation Debt as a
Percentage of Personal Income 6.24% 7.00% 7.24% 7.17% 7.17% 7.08% 7.38% 7.67% 8.04% 8.69%
Amount of Net GO Debt Per Capita $3,613 $4,286 $4,374 $4,456 $4,592 $4,610 $4,736 $5,114 $5,516 $6,109


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