header images Baruch College Weissman Zicklin School of Business NYCdata
2 - Brooklyn Bridge (c) Jeff Greenberg-NYC & Company, Inc.jpg
 

Table 18.IX.B

New York City (NYC)
Guaranteed Nonmajor Debt Service Funds
Revenues and Expenditures

 
     
  Fiscal Year Ended June 30, 2014
(in thousands)
 
 
Particulars
Transitional
Finance
Authority
TSASC
Inc.
Educational
Construction
Fund
Private
Housing
Loan
Programs
Fiscal Year
2005
Securitization
Corp.
Sales Tax
Asset
Receivable
Corp.

Hudson
Yards
Group
NYC
Tax Lien
Trusts
Total
Nonmajor
Debt
Service
 
  Revenues:  
  Investment Income/(Loss)
$1,044
$941
$535
-
$4,547
$326
$78
$1
$7,472
 
  Interest on Mortgages, Net
-
-
-
$605
-
-
-
-
$605
 
  District Improvement Bonus Revenue
-
-
-
-
-
-
$10,828
-
$10,828
 
  Personal Income Tax
$1,614,682
-
-
-
-
-
-
-
$1,614,682
 
  State Aid
-
-
-
-
-
$169,636
-
-
$169,636
 
  Tobacco Settlement
-
$78,684
-
-
-
-
-
-
$78,684
 
  Other Revenues
-
-
-
$174
-
-
$16,069
$2
$16,245
 
  Total
Revenues
$1,615,726
$79,625
$535
$779
$4,547
$169,962
$26,975
$3
$1,898,152
 
  Expenditures:  
  Education
-
-
-
-
-
-
-
-
-
 
  Administrative
and Other
$2,101
-
-
-
-
-
-
$2,318
$4,419
 
  Debt Service:
 
    Interest
$1,248,505
$62,530
$13,536
$303
$12,025
$99,263
$143,848
$914
$1,580,924
 
    Redemptions
$1,172,310
$17,070
$1,890
$6,895
$29,060
$10,885
-
$79,241
$1,317,351
 
  Total
Expenditures
$2,422,916
$79,600
$15,426
$7,198
$41,085
$110,148
$143,848
$82,473
$2,902,694
 
   
 
  Excess
(Deficiency) of Rev/Exp
($807,190)
$25
($14,891)
($6,419)
($36,538)
$59,814
($116,873)
($82,470)
($1,004,542)
 
     
  Other Financing Sources (Uses):  
  Transfer from (to) General Fund
$1,886,777
-
-
-
-
-
$75,894
-
$1,962,671
 
  Transfer from (to) Nonmajor Cap Proj Funds
$1,302
-
-
-
-
-
$1,049
-
$2,351
 
  Transfer from (to) Nonmajor Special Rev Fund
($322)
-
$16,883
-
($100)
-
$363
$20,865
$37,689
 
  Transfer from (to) General Debt Service Fund
-
-
-
$6,220
-
-
-
-
$6,220
 
  Transfer from (to) NYC Tax Lien Trusts
-
-
-
-
-
-
-
$72,444
$72,444
 
  Bond Premium /(discount)
$46,049
-
-
-
-
-
-
-
$46,049
 
  Issuance of
Refunding Debt
$579,140
-
-
-
-
-
-
-
$579,140
 
  Payment to Refunded Bond Escrow Holder
($389,516)
-
-
-
-
-
-
-
($389,516)
 
  Total Other
Financing Sources (uses)
$2,123,430
-
$16,883
$6,220
($100)
-
$77,306
$93,309
$2,317,048
 
  Net Change in
Fund Balances
$1,316,240
$25
$1,992
($199)
($36,638)
$59,814
($39,567)
$10,839
$1,312,506
 
  Fund Balances at Beginning of Year
$931,860
$117,015
$35,503
$199
$294,851
$279,808
$324,991
$8,358
$1,992,585
 
  Fund Balances at
End of Year
$2,248,100
$117,040
$37,495
-
$258,213
$339,622
$285,424
$19,197
$3,305,091
 
     
     
 

Return to Fiscal Data Section

 
     
     
 

Source:
Comprehensive Annual Financial Reports of the Comptroller