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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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|
|
(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)
|
|
1989 ............
|
..... $272,355
|
$182,119
|
$454,474
|
$8,567,633
|
5.30%
|
|
1988 ............
|
..... 261,375
|
174,511
|
435,886
|
8,027,477
|
5.43
|
|
1987 ............
|
..... 258,395
|
185,684
|
444,079
|
7,314,578
|
6.07
|
|
1986 ............
|
..... 254,525
|
201,355
|
455,880
|
6,659,000
|
6.85
|
|
1985 ............
|
..... 226,445
|
207,037
|
433,482
|
6,060,235
|
7.15
|
|
1984 ............
|
..... 228,760
|
197,217
|
425,977
|
5,590,084
|
7.62
|
|
1983 ............
|
..... 192,625
|
183.703'1'
|
376,328
|
5,341,502
|
7.05
|
|
1982 ............
|
..... 184,830"'
|
166,483'"
|
351,313
|
4,792,849
|
7.33
|
|
1981 ............
|
..... 173,015
|
142,853
|
315,868
|
4,686,844
|
6.74
|
|
1980 ............
|
..... 159,985
|
133,910
|
293,895
|
4,292,245
|
6.85
|
111 Excludes $60,000,000 of Bond Anticipation Notes for the Department of Transportation which were refinanced in the fiscal year 1983 and 1982,
respectively.
121 Includes general, special revenue, debt service and capital projects funds.
Source: General Accounting Division, State Comptroller's Office
STATE OF MARYLAND
Schedule of Revenue Bond Coverage
Last Ten Fiscal Years
(Expressed in Thousands)
MARYLAND TRANSPORTATION AUTHORITY
|
|
|
Direct
|
Net Revenue
Available
|
|
Debt Service '.
|
Requirements
|
|
|
Fiscal
|
Gross
|
Operating
|
For Debt
|
|
|
|
|
|
Year
|
Revenues
|
Expenses
|
Service
|
Principal
|
Interest
|
Total
|
Coverage
|
|
1989 .........
|
$111,368
|
$31,002
|
$80,366
|
$1,905
|
$17,022
|
$18,927
|
4.25
|
|
1988 .........
|
108,029
|
29,647
|
78,382
|
1,805
|
17,137
|
18,942
|
4.14
|
|
1987 .........
|
100,235
|
27,731
|
72,504
|
|
17,236
|
17,236
|
4.21
|
|
1986 .........
|
90,639
|
24,259
|
66,380
|
1,180
|
12,794
|
13,974
|
4.75
|
|
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
|
Source: Maryland Transportation Authority.
85
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