Ratios of Net General Debt by Type | ||||||||||
Last Ten Fiscal Years | ||||||||||
(Expressed in Thousands) | ||||||||||
2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|
General Obligation Bonds | $9,606,611 | $9,905,242 | $10,211,493 | $10,596,581 | $13,092,570 | $13,443,525 | $13,592,708 | $13,794,340 | $13,964,576 | $14,228,228 |
Transportation Obligation Bonds | 3,153,949 | 3,113,875 | 3,094,001 | 2,822,585 | 2,790,682 | 2,817,015 | 3,030,485 | 3,357,595 | 3,287,340 | 3,461,875 |
Debt Service Fund Balance | (635,679) | (677,555) | (674,630) | (676,894) | (683,636) | (679,384) | (687,752) | (708,645) | (703,376) | (660,113) |
Net General Obligation Bonded Debt | $12,124,881 | $12,341,562 | $12,630,864 | $12,742,272 | $15,199,616 | $15,581,156 | $15,935,441 | $16,443,290 | $16,548,540 | $17,029,990 |
Net General Obligation Debt as a | ||||||||||
Percentage of Personal Income | 7.63% | 7.40% | 7.10% | 6.62% | 7.72% | 8.00% | 8.12% | 7.93% | 7.55% | 7.73% |
Amount of Net GO Debt Per Capita | $3,468 | $3,519 | $3,590 | $3,613 | $4,286 | $4,374 | $4,456 | $4,592 | $4,610 | $4,736 |
Notes: Details regarding the State's debt can be found in Note 18 of the financial statements.