Ratios of Net General Debt by Type | |||||
Last Five Fiscal Years | |||||
(Expressed in Thousands) | |||||
2002 | 2003 | 2004 | 2005 | 2006 | |
---|---|---|---|---|---|
General Obligation Bonds | $8,527,436 | $9,216,354 | $9,606,611 | $9,905,242 | $10,201,493 |
Transportation Oligation Bonds | 3,174,903 | 3,205,815 | 3,153,949 | 3,113,875 | 3,094,001 |
Debt Service Fund Balance | (670,771) | (622,083) | (635,679) | (677,555) | (674,630) |
Net General Obligation Bonded Debt | $11,031,568 | $11,800,086 | $12,124,881 | $12,341,562 | $12,620,864 |
Net General Obligation Debt as a | |||||
Percentage of Personal Income | 7.50% | 7.92% | 7.63% | 7.40% | 7.18% |
Amount of Net GO Debt Per Capita | 3,190 | 3,385 | 3,465 | 3,516 | 3,601 |
Notes: Details regarding the State's debt can be found in Note 16 of the financial statements. The State did not begin reporting government-wide statements until it implemented GASB Statement 34 in fiscal year 2002.