| Ratios of Net General Debt by Type | |||||||||
| Last Nine Fiscal Years | |||||||||
| (Expressed in Thousands) | |||||||||
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|
| General Obligation Bonds | $9,216,354 | $9,606,611 | $9,905,242 | $10,211,493 | $10,596,581 | $13,092,570 | $13,443,525 | $13,592,708 | $13,794,340 |
| Transportation Obligation Bonds | 3,205,815 | 3,153,949 | 3,113,875 | 3,094,001 | 2,822,585 | 2,790,682 | 2,817,015 | 3,030,485 | 3,357,595 |
| Debt Service Fund Balance | (622,083) | (635,679) | (677,555) | (674,630) | (676,894) | (683,636) | (679,384) | (687,752) | (708,645) |
| Net General Obligation Bonded Debt | $11,800,086 | $12,124,881 | $12,341,562 | $12,630,864 | $12,742,272 | $15,199,616 | $15,581,156 | $15,935,441 | $16,443,290 |
| Net General Obligation Debt as a | |||||||||
| Percentage of Personal Income | 7.92% | 7.63% | 7.40% | 7.10% | 6.62% | 7.72% | 8.00% | 8.12% | 7.96% |
| Amount of Net GO Debt Per Capita | $3,385 | $3,465 | $3,516 | $3,604 | $3,688 | $4,463 | $4,450 | $4,459 | $4,601 |
Notes: Details regarding the State's debt can be found in Note 18 of the financial statements. In 2002 the State began issuing government-wide statements in accordance with GASB Statement 34.