Institutional Federal Compliance Report 2021
____________________________________________________________________________________________ STATE OF NEW YORK • 231
Ratios of Outstanding Debt by Type LAST TEN FISCAL YEARS (Amounts in millions except per capita) Business- Type Governmental Activities Activities General Other Other
Total
Percentage of Personal Income (4)
Obligation Bonds (1)
Financing
Financing
Primary
Debt
Fiscal Year
Arrangements (2) Arrangements (3)
Government
Per Capita (4)
2009-2010 . . . . . . . . . . . . . . . . . . . . . . . $ 3,461 2010-2011 . . . . . . . . . . . . . . . . . . . . . . . 3,625 2011-2012 . . . . . . . . . . . . . . . . . . . . . . . 3,611 2012-2013 . . . . . . . . . . . . . . . . . . . . . . . 3,688 2013-2014 . . . . . . . . . . . . . . . . . . . . . . . 3,345 2014-2015 . . . . . . . . . . . . . . . . . . . . . . . 3,189 2015-2016 . . . . . . . . . . . . . . . . . . . . . . . 2,887 2016-2017 . . . . . . . . . . . . . . . . . . . . . . . 2,614 2017-2018 . . . . . . . . . . . . . . . . . . . . . . . 2,536 2018-2019 . . . . . . . . . . . . . . . . . . . . . . . 2,459
$ 42,410
$ 9,413
$ 55,284
6% 6% 6% 6% 5% 5% 5% 5% 5% 4%
$ 2,829
42,279 42,574 41,582 41,300 40,178 39,071 38,613 39,019 41,228
10,222 11,875 12,375 13,677 14,023 14,734 14,978 14,696 15,928
56,126 58,060 57,645 58,322 57,390 56,692 56,205 56,251 59,615
2,896 2,983 2,946 2,968 2,906 2,863 2,847 2,834 3,051
Source: Office of the State Comptroller Notes: (1) General obligation debt bond figures include par value, premiums and discounts.
(2) Other Financing Arrangements for Governmental Activities include Tobacco Settlement Financing Corporation (TSFC) bonds, Municipal Bond Bank Agency Special Purpose School Aid bonds, Capital Lease Obligations, Unamortized Bond Premiums and Discounts,Accumulated accretion on capital appreciation bonds and other State-Supported debt as defined by the State Finance Law. As of March 31, 2018, all TSFC bonds were retired. (3) Other Financing Arrangements for Business-Type Activities include Capital Lease Obligations, Mortgage Loan Commitments, Unamortized Bond Premiums, Certificates of Participation and other State-Supported debt as defined by the State Finance Law. Other Financing Arrangements was restated in fiscal year 2016-2017 due to SUNY’s implementation of GASBS No. 80. (4) Refer to Exhibit: Demographic and Economic Statistics I for personal income and population data.
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