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Table 6.XVI |
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Composition of New York City's Outstanding Debt |
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(in $ millions) |
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| Debt Instruments | As on June 30th | |||||||||
| 2004 | 2005 | 2006 | ||||||||
| General Obligation Bonds | 31,378 | 33,903 | 35,844 | |||||||
| 1991 general resolution Bonds | 1,758 | - | - | |||||||
| Future Tax Secure Bonds | 11,337 | 11,022 | 10,392 | |||||||
| TSASC Inc.¹ | 1,256 | 1,283 | 1,334 | |||||||
| IDA Bonds | 108 | 106 | 104 | |||||||
| STAR Bonds | — | 2,552 | 2,470 | |||||||
| FSC Bonds | — | 460 | 387 | |||||||
| Revenue Bonds | 107 | 135 | 84 | |||||||
| Recovery Bonds | 2,027 | 1,955 | 1,841 | |||||||
| Total bonds and notes payable | 47,971 | 51,416 | 52,456 | |||||||
| Less treasury obligations | (51) | (39) | - | |||||||
| Net outstanding debt | 47,920 | 51,377 | 52,456 | |||||||
| ¹TSASC, Inc. is a special purpose, not-for-profit corporation
authorised to issue bonds secured by Tobacco Settlement Revenues arising
out of the settlement with cigarette manufacturers. The city will use these bonds to fund a portion of its capital program. |
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| Note: The stated amounts represent the outstanding balances as at the fiscal year end and not the amount of the debt instruments issued during the fiscal year. | ||||||||||
| Source: | ||||||||||
| Comprehensive Annual Financial Reports of the Comptroller- 5 year statistical summary / Pg iii | ||||||||||
| Comprehensive Annual Financial Reports of the Comptroller-Basic Financial Statements(Part IIA)/ Financial analysis of Government Funds / Pg 23 | ||||||||||
| http://www.comptroller.nyc.gov/bureaus/acc/cafr-pdf/cafr2006.pdf | ||||||||||
| http://www.comptroller.nyc.gov/bureaus/acc/cafr04/CAFR04.pdf | ||||||||||