Institutional Federal Compliance Report 2021

For the year ended March 31, 2018, depreciation and amortization expense was charged to the following governmental functions (amounts in millions): For the year ended June 30, 2017, depreciation and amortization expense was charged to the following business-type functions (amounts in millions): 82 • Notes to Basic Financial Statements __________________________________________________________________________ Governmental Activities Allocation of depreciation and amortization: Education . . . . . . . . . . . . . . . . . . . . . . . . . $ 4 Public health . . . . . . . . . . . . . . . . . . . . . . . 168 Public welfare . . . . . . . . . . . . . . . . . . . . . . 21 Public safety . . . . . . . . . . . . . . . . . . . . . . . 144 Transportation . . . . . . . . . . . . . . . . . . . . . . 56 Environment and recreation . . . . . . . . . . . 28 Support and regulate business . . . . . . . . . 3 General government . . . . . . . . . . . . . . . . . 105 Total depreciation and amortization expense . . . . . . . . . . . $ 529 Business-Type Activities Allocation of depreciation and amortization: SUNY . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 608 CUNY . . . . . . . . . . . . . . . . . . . . . . . . . . . . 222 Total depreciation and amortization expense . . . . . . . . . . . $ 830

Note 6 Bonds Payable General obligation bonds are backed by the full faith and credit of the State, and constitutionally must be repaid in equal annual principal installments or sub- stantially level or declining debt service payments beginning not more than one year after issuance of such bonds and must mature within 40 years after issuance. The Debt Reform Act of 2000 further limits Accelerated capacity and transportation improvements of the 1990s . . . . . . . . . . . . . . . . . . . . . . . . . . . $ Clean water/clean air . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Environmental quality (1986): Land acquisition, development, restoration, and forests . . . . . Solid waste management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Environmental quality (1972): Land and wetlands . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Water . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Housing: Low income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Middle income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pure waters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation capital facilities: Aviation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy conservation through improved transportation . . . . . . . . Rebuild New York transportation infrastructure renewal: Highways, parkways, and bridges . . . . . . . . . . . . . . . . . . . . . . Rapid transit, rail, and aviation . . . . . . . . . . . . . . . . . . . . . . . . . Rebuild and Renew New York transportation: Highway facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Canals and waterways . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aviation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mass transit—DOT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mass transit—MTA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rail and port . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Smart Schools Bond Act . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ Purpose

the maximum term of new State-supported debt issued on and after April 1, 2000, including general obliga- tion bonds, to a maximum term of 30 years. Refer to Note 7 for further discussion of the Debt Reform Act of 2000. Changes for the year in bonds payable were as follows (amounts in millions):

Outstanding April 1, 2017

Outstanding March 31, 2018

Issued

Redeemed

63 $

—00000 $

30 $

33 434

474

65

105

12 142

2

6

8

11

37

116

4

—00000

1 7 3 2 6

3

22

1

16

13 11 25

—00000 —00000

10

9

2

21

4 2 1 5

—00000 —00000 —00000 —00000

1

3 2 1 4

—00000

—00000

1

747 12 46 799 77 4

—00000

56

691 15 45 759 96 100 5

5 2 3

2 3 2

—00000

40

23 100

4

—00000

—00000

2,463 $

214 $

306 $

2,371