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STATE OF MARYLAND
Schedule of Ratio of Annual Debt Service for General
Long-Term Debt to Total General Expenditures
Last Ten Fiscal Years
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|
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(Expressed in
|
Thousands)
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|
Ratio of
Debt Service
|
|
|
|
|
Total
|
|
to General
|
|
Fiscal
|
|
|
Debt
|
Total General
|
Expenditures
|
|
Year
|
Principal
|
Interest
|
Service
|
Expenditures(2)
|
(Percent)
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|
1985 ................
|
$226,445
|
$207,037
|
$433,482
|
$5,618,058
|
7.72%
|
|
1984 ................
|
228,760
|
197,217
|
425,977
|
5,255,843
|
8.10
|
|
1983 ................
|
192,625(1)
|
183,703(1)
|
376,328
|
4,907,011
|
7.67
|
|
1982 ................
|
184,830(1)
|
166,483(1)
|
351,313
|
4,719,043
|
7.44
|
|
1981 ................
|
173,015
|
142,853
|
315,868
|
4,726,965
|
6.68
|
|
1980 ................
|
159,985
|
133,910
|
293,895
|
4,198,951
|
7.00
|
|
1979 ................
|
133,969
|
135,841
|
269,810
|
3,766,208
|
7.16
|
|
1978 ................
|
149,739
|
133,582
|
283,321
|
3,323,034
|
8.53
|
|
1977 ................
|
135,380
|
119,181
|
254,561
|
3,063,517
|
8.31
|
|
1976 ................
|
119,673
|
103,615
|
223,288
|
2,888,446
|
7.73
|
(1) Excludes $60,000,000 of Bond Anticipation Notes for the Department of Transportation, which were refinanced in fiscal year 1983 and 1982, respectively.
(2) Total general governmental expenditures plus net operating transfers less capital outlays.
Source: General Accounting Division, State Comptroller's Office
STATE OF MARYLAND
Schedule of Revenue Bond Coverage
Last Seven Fiscal Years
(Expressed in Thousands)
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|
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MARYLAND
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TRANSPORTATION
|
AUTHORITY
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|
|
|
|
|
|
|
Net Revenue
|
|
|
|
|
|
Fiscal
|
Gross
|
Direct
Operating
|
Available
For Debt
|
|
Debt Service
|
Requirements
|
|
|
Year
|
Revenues
|
Expenses
|
Service
|
Principal
|
Interest
|
Total
|
Coverage
|
|
1985 ..........
|
$74,343
|
$20,794
|
$53,549
|
$1,105
|
$7,709
|
$8,814
|
6.08%
|
|
1984 ...........
|
71,549
|
18,950
|
52,599
|
1,035
|
7,764
|
8,799
|
5.98
|
|
1983 ...........
|
67,411
|
17,759
|
49,652
|
970
|
7,815
|
8,785
|
5.65
|
|
1982 ...........
|
65,014
|
16,713
|
48,301
|
905
|
7,861
|
8,766
|
5.51
|
|
1981 ...........
|
63,797
|
15,436
|
48,361
|
850
|
7,903
|
8,753
|
5.53
|
|
1980 ...........
|
60,763
|
13,597
|
47,166
|
795
|
7,941
|
8,736
|
5.40
|
|
1979(1)..........
|
50,591
|
11,073
|
39,518
|
745
|
7,975
|
8,720
|
4.53
|
(1) Presented for the period August 24, 1978 through June 30, 1979, the period since the operations of its transportation facilities were combined.
Source: Maryland Transportation Authority.
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