| Ratio of Annual Debt Service | |||||
| General Bonded Debt To Total General Expenditures | |||||
| Last Ten Fiscal Years | |||||
| (Expressed in Thousands) | |||||
| (1) | RATIO OF DEBT | ||||
|---|---|---|---|---|---|
| TOTAL | TOTAL | SERVICE TO | |||
| DEBT | GENERAL | TOTAL GENERAL | |||
| YEAR | PRINCIPAL | INTEREST | SERVICE | EXPENDITURES | EXPENDITURES |
| 1989 | $201,203 | $183,527 | $384,730 | $7,778,963 | 4.9% |
| 1990 | 230,876 | 233,710 | 464,586 | 8,533,819 | 5.4% |
| 1991 | 248,544 | 298,961 | 547,505 | 8,930,144 | 6.1% |
| 1992 | 312,571 | 378,214 | 690,785 | 9,541,311 | 7.2% |
| 1993 | 362,356 | 398,550 | 760,906 | 10,493,676 | 7.3% |
| 1994 | 404,921 | 387,722 | 792,643 | 10,934,227 | 7.2% |
| 1995 | 560,746 | 438,172 | 998,918 | 11,924,474 | 8.4% |
| 1996 | 523,090 | 448,880 | 971,970 | 12,220,818 | 8.0% |
| 1997 | 597,819 | 470,744 | 1,068,563 | 11,751,369 | 9.1% |
| 1998 | 731,968 | 500,529 | 1,232,497 | 12,307,400 | 10.0% |
| (1) Includes General, Special Revenue, and Debt Service Funds, also included are | |||||
| Higher Education Expenditures Treated as Operating Transfers from the State's General fund. | |||||
| Note: Beginning in 1992, principal and interest amounts do not include amounts expended for General Obligation Notes. | |||||
| SOURCE: Combined Statement of Revenues, Expenditures, and Changes in Fund Balances | |||||
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