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Table 16.IX.B

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

 
     
  Fiscal Year Ended June 30, 2013
(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:  
  State Aid
-
-
-
-
-
$169,547
-
-
$169,547
 
  Investment Income/(Loss)
$1,458
$1,870
$927
-
$23,099
$1,164
($3)
$2
$28,517
 
  Interest on Mortgages, Net
-
-
-
$976
-
-
-
-
$976
 
  District Improvement Bonus Revenue
-
-
-
-
-
-
$2,951
-
$2,951
 
  Personal Income Tax
$591,585
-
-
-
-
-
$591,585
 
  Tobacco Settlement
-
$69,527
-
-
-
-
-
-
$69,527
 
  Other Revenues
-
-
-
$187
-
-
-
-
$187
 
  Total
Revenues
$593,043
$71,397
$927
$1,163
$23,099
$170,711
$2,948
$2
$863,290
 
  Expenditures:  
  Education
-
-
$4,889
-
-
-
-
-
$4,889
 
  Administrative
and Other
$10,195
-
-
-
-
-
-
-
$10,195
 
  Debt Service:
 
  Interest
$1,013,092
$63,236
$10,757
$938
$13,437
$105,326
$105,065
$1,024
$1,312,875
 
  Redemptions
$2,443,791
$7,540
$6,750
$6,860
$12,150
$67,557
$70,233
$2,614,881
 
  Total
Expenditures
$3,467,078
$70,776
$22,396
$7,798
$25,587
$172,883
$105,065
$71,257
$3,942,840
 
   
 
  Excess
(Deficiency) of Rev/Exp
($2,874,035)
$621
($21,469)
($6,635)
($2,488)
($2,172)
($102,117)
($71,255)
($3,079,550)
 
     
  Other Financing Sources (Uses):  
  Transfer from (to) General Fund
$1,087,583
-
-
-
-
-
$261,553
-
$1,349,136
 
  Transfer from (to) Nonmajor Cap Proj Funds
$1,124
-
$4,311
-
-
-
$1,009
-
$6,444
 
  Transfer from (to) Nonmajor Special Rev Fund
($86)
-
$4,539
-
($100)
-
$252
$70,520
$75,125
 
  Transfer from (to) General Debt Service Fund
-
-
-
$6,608
-
-
-
-
$6,608
 
  Transfer from (to) NYC Tax Lien Trusts
-
-
-
-
-
-
-
($6,241)
($6,241)
 
  Bond Premium /(discount)
$225,420
-
-
-
-
-
-
-
$225,420
 
  Issuance of
Refunding Debt
$2,178,810
-
-
-
-
-
-
-
$2,178,810
 
  Payment to Refunded Bond Escrow Holder
($799,918)
-
-
-
-
-
-
-
($799,918)
 
  Total Other
Financing Sources (uses)
$2,692,933
-
$8,850
$6,608
($100)
-
$262,814
$64,279
$3,035,384
 
  Net Change in
Fund Balances
($181,102)
$621
($12,619)
($27)
($2,588)
($2,172)
$160,697
($6,976)
($44,166)
 
  Fund Balances at Beginning of Year
$1,552,865
$117,264
$50,099
$637
$320,182
$287,849
$240,129
$16,421
$2,585,446
 
  Fund Balances at
End of Year
$1,371,763
$117,885
$37,480
$610
$317,594
$285,677
$400,826
$9,445
$2,541,280
 
     
 
Source:
Comprehensive Annual Financial Reports of the Comptroller