|
Bonds issued after January 1,1988, are subject to redemption provisions at the option of the State.
As of June 30,2000, the State has $98,325,000 of defeased debt outstanding, none of which was defeased during the year ended
June 30,2000.
General obligation bonds issued and outstanding, as of June 30,2000, are as follows (amounts expressed in thousands).
|
|
|
Interest
|
Principal
|
Principal
|
|
Issue
|
Maturity
|
Rates
|
Issued
|
Outstanding
|
|
3/13/86
|
1989-2001
|
6.40-6.50
|
$ 124,585
|
$ 14,330
|
|
7/24/86
|
1990-2002
|
6.50-6.70
|
164,645
|
34,860
|
|
7/9/87
|
1991-2003
|
6.30-6.50
|
144,860
|
43,755
|
|
7/18/89
|
1992-2004
|
6.40-6.50
|
80,000
|
6,785
|
|
3/3/90
|
1993-2005
|
6.00-6.70
|
130,000
|
11,020
|
|
7/17/90
|
1994-2006
|
6.40-6.80
|
95,000
|
24,245
|
|
10/16/90
|
1994-2006
|
6.10-7.10
|
95,000
|
15,665
|
|
3/26/91
|
1994-2006
|
5.50-6.50
|
95,000
|
33,235
|
|
7/1/91
|
1996-2001
|
5.60-6.10
|
11,787
|
3,771
|
|
7/23/91
|
1995-2007
|
5.50-6.50
|
100,000
|
52,725
|
|
10/22/91
|
1995-2007
|
5.10-6.10
|
120,000
|
75,585
|
|
5/27/92
|
1995-2007
|
4.40-6.00
|
120,000
|
75,495
|
|
2/2/93
|
1996-2008
|
4.75-5.50
|
130,000
|
90,150
|
|
6/3/93(a)
|
1994-2008
|
4.50-5.50
|
278,150
|
225,580
|
|
10/21/93(a)
|
1995-2009
|
3.00-4.75
|
283,545
|
238,035
|
|
3/3/94(a)
|
1995-2009
|
3.50-4.75
|
184,210
|
133,015
|
|
6/2/94
|
1997-2009
|
4.875-5.50
|
120,000
|
91,435
|
|
10/20/94
|
1998-2010
|
5.00-6.00
|
160,000
|
131,985
|
|
3/23/95
|
1998-2010
|
5.00-5.70
|
175,000
|
145,090
|
|
10/26/95
|
1998- 2010
|
4.50-5.125
|
150,000
|
132,380
|
|
2/29/96
|
1999-2011
|
4.00-4.90
|
170,000
|
150,035
|
|
6/20/96
|
1999-2011
|
5.00-5.25
|
150,000
|
132,740
|
|
10/24/96
|
2000-2012
|
5.00
|
170,000
|
160,500
|
|
3/13/97
|
2000-2012
|
5.00
|
240,000
|
226,450
|
|
8/14/97
|
2001-2013
|
4.75-5.00
|
250,000
|
250,000
|
|
3/5/98
|
2001-2013
|
4.50-5.00
|
250,000
|
250,000
|
|
7/28/98
|
2002-2014
|
5.00-5.25
|
250,000
|
250,000
|
|
3/11/99
|
2002-2014
|
4.00-4.50
|
225,000
|
225,000
|
|
7/29/99
|
2003-2015
|
4.25-5.25
|
125,000
|
125,000
|
|
|
|
|
$4,591,782
|
$3,348,866
|
(a) Includes refunding debt
General obligation bonds authorized but unissued as of June 30,2000, total $1,363,620,000.
As of June 30,2000, general obligation debt service requirements for principal and interest in future years are as follows (amounts
expressed in thousands):
|
Years Ending June 30,
|
Total
|
Years Ending June 30,
|
Total
|
|
2001 ....................... ...
|
..............$465,423,013
|
2009 ........................
|
..............$283,875,611
|
|
2002..........................
|
.............. 470,421,355
|
2010 ........................
|
.............. 244,260,451
|
|
2003 ..........................
|
.............. 459,224,936
|
2011 ........................
|
.............. 207,657,445
|
|
2004..........................
|
.............. 424,855,459
|
2012 ........................
|
.............. 158,205,805
|
|
2005..........................
|
.............. 406,259,018
|
2013 ........................
|
.............. 114,658,306
|
|
2006..........................
|
.............. 382,031,821
|
2014........................
|
............... 61,855,475
|
|
2007..........................
|
.............. 349,622,144
|
2015 ........................
|
............... 12,617,744
|
|
2008..........................
|
.............. 312,111,256
|
|
|
On August 3,2000, general obligation bonds aggregating $200,000,000 were issued. The interest rates on this issue range from
4.25% to 5.25% and the bonds mature serially through 2014.
Transportation Bonds —
Transportation Bonds outstanding as of June 30,2000, are as follows (amounts expressed in thousands).
|
|
Outstanding
|
|
Consolidated Transportation Bonds — 4.0% to 6.4%, due serially through 2014............................................
|
.................... $300,200
|
|
Consolidated Transportation Bonds, Refunding - 4.0% to 5.5%, due serially through 2006...........................
|
.................... 424,570
|
|
County Transportation Bonds — 5.6% to 6.2%, due serially through 2006............... ......................................
|
.................... 5,050
|
|
|
$729,820
|
65
|
 |
