Table 6.XV |
New York City's Debt Repayment Obligations |
(in $ thousands) |
| Fiscal year ending June 30: |
|
|
|
|
| 2008 |
1,904,110 |
2,412,416 |
46,998 |
180,307 |
| 2009 |
1,902,841 |
2,336,715 |
59,618 |
164,397 |
| 2010 |
1,881,310 |
2,252,998 |
58,964 |
163,400 |
| 2011 |
2,393,021 |
2,157,821 |
26,275 |
162,472 |
| 2012 |
2,548,220 |
2,105,218 |
31,870 |
161,325 |
| 2013-2017 |
12,537,883 |
8,934,106 |
157,720 |
785,620 |
| 2018-2022 |
12,228,527 |
5,855,850 |
192,975 |
744,990 |
| 2023-2027 |
9,188,644 |
3,001,939 |
252,075 |
690,905 |
| 2028-2032 |
5,244,747 |
1,107,787 |
308,275 |
623,072 |
| 2033-2037 |
1,543,133 |
267,234 |
388,420 |
541,937 |
| 2038-2042 |
564,778 |
143,425 |
- |
487,500 |
| 2043-2047 |
3 |
16 |
2,000,000 |
487,500 |
| Thereafter until 2147 |
44 |
153 |
- |
- |
| Less interest component |
- |
30,575,678 |
- |
5,193,425 |
| Total future debt service
requirements |
51,937,261 |
0 |
3,523,190 |
0 |
| |
|
|
| 1
General obligation bonds are government debt issued to raise money to finance
public improvements. It is a municipal bond backed by the credit and "taxing
power" of the issuing jurisdiction, rather than the revenue from a
given project. No assets are used as collateral. |
| 2
Revenue bonds are government debt used to fund projects that will eventually
generate revenue directly. These revenues are used to pay off the bonds. |
| |
| * Includes interest for general
obligation bonds estimated at 4% rate on tax-exempt adjustable rate bonds
and at 6% rate on taxable adjustable rate bonds which are the rates at the
end of the fiscal year. |
| |
| Source: |
| Comprehensive Annual
Financial Reports of the Comptroller-Basic Financial Statements(Part IIA)/Financial
analysis of Government Funds |
| http://www.comptroller.nyc.gov/bureaus/acc/cafr-pdf/cafr2007.pdf
Pg.76 |
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