map1
     
     
 

Fiscal Data

   
     
 

New York City (NYC)
Outstanding Debt Composition

 
     
  Debt
Instruments
Fiscal Year as of June 30th
(in millions)
 
  2010 2011 2012 2013 2014 2015  
  General Obligation Bonds
$41,555
$41,785
$42,286
$41,592
$41,665
$40,460
 
  TFA Bonds
$14,407
$17,624
$19,587
$21,816
$24,013
$25,488
 
  TFA Recovery Bonds
$1,466
$1,466
$1,372
$1,233
$974
$936
 
  TFA BARBS
$4,221
$4,730
$5,309
$6,154
$6,051
$7,426
 
  TSASC Inc.¹
$1,265
$1,260
$1,253
$1,245
$1,228
$1,222
 
  IDA Bonds
$99
$98
$95
$93
$90
$87
 
  STAR Bonds
$2,178
$2,117
$2,054
$1,985
$1,975
$2,035
 
  FSC Bonds
$294
$285
$270
$260
$231
$198
 
  NYIC Bonds
-
-
-
-
-
-
 
  HYIC Notes
$2,000
$2,000
$3,000
$3,000
$3,000
$3,000
 
  ECF Bonds
$150
$281
$274
$268
$266
$264
 
  Tax Lien Collateralized Bonds
-
-
$36
$34
$46
$34
 
  Total bonds and notes outstanding
$67,635
$71,646
$75,536
$77,680
$79,539
$81,150
 
  Plus premiums / less discounts (net)
-
-
$2,004
$2,956
$3,162
$3,825
 
  Total bonds & notes payable
$67,635
$71,643
$77,540
$80,636
$82,701
$84,975
 
     
  Notes:
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.

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.

 
     
     
 

Return to Fiscal Data Section

 
     
     
 

Source:
Comprehensive Annual Financial Reports of the Comptroller

 
Baruch College Weissman Zicklin School of Business NYCdata