Table 6.XVII |
New York City's Debt Repayment Obligations |
(in $ thousands) |
| Fiscal year ending June 30: |
|
|
|
|
| 2006 |
1,930,724 |
2,258,608 |
51,015 |
3,639 |
| 2007 |
2,227,277 |
2,175,625 |
12,095 |
3,365 |
| 2008 |
2,248,729 |
2,076,016 |
13,665 |
2,903 |
| 2009 |
2,278,136 |
1,981,067 |
7,220 |
2,364 |
| 20010 |
2,306,314 |
1,877,278 |
5,880 |
2,063 |
| 2011-2015 |
11,583,549 |
8,066,902 |
21,630 |
7,215 |
| 2016-2020 |
11,271,658 |
5,444,702 |
9,380 |
4,313 |
| 2021-2025 |
9,541,076 |
2,974,427 |
11,585 |
2,136 |
| 2026-2030 |
5,785,482 |
1,113,205 |
2,490 |
109 |
| 2031-2035 |
2,052,973 |
175,366 |
- |
- |
| 2036-2040 |
16,369 |
1,393 |
- |
- |
| 2041-2045 |
2 |
17 |
- |
- |
| Thereafter until 2147 |
45 |
159 |
- |
- |
| Total future debt principal and interest
repayment obligations |
51,242,334 |
- |
134,960 |
- |
|
|
|
| 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 / Pg 71 |
| http://www.comptroller.nyc.gov/bureaus/acc/cafr-pdf/cafr2005.pdf |
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