Statement of Debt Affordability pursuant to Chapter 16 of the Laws of 1997 of the State of New York. This dataset is updated annually. Numerical data is shown in $ in Millions or in Persons and identified in the column labeled Units.
City GovernmentMayor's Office of of Management and Budget (OMB)
Dataset bd8j-m46a
14 fields
Pub Dt: 20230426 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20230426
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
NA
Sctn Nm
NA
Ln No
1
Ln Dscrp
a. Total Revenue
Fisc Yr
2024
Fisc Yr 1
106688
Fisc Yr 2
105855
Fisc Yr 3
106188
Fisc Yr 4
108632
Num Unt
$ in millions
20230426
Pub Dt: 20230426 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20230426
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
NA
Sctn Nm
NA
Ln No
2
Ln Dscrp
b. Total Taxes
Fisc Yr
2024
Fisc Yr 1
71139
Fisc Yr 2
72834
Fisc Yr 3
74472
Fisc Yr 4
76921
Num Unt
$ in millions
20230426
Pub Dt: 20230426 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20230426
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
NA
Sctn Nm
NA
Ln No
3
Ln Dscrp
c. PIT Required to Support TFA DS****
Fisc Yr
2024
Fisc Yr 1
1127
Fisc Yr 2
3573
Fisc Yr 3
4089
Fisc Yr 4
4576
Num Unt
$ in millions
Ftnts
**** Reflects prepayment in FY 2020.
20230426
Pub Dt: 20230426 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20230426
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
NA
Sctn Nm
NA
Ln No
4
Ln Dscrp
d. Total NYC Personal Income
Fisc Yr
2024
Fisc Yr 1
737240
Fisc Yr 2
773040
Fisc Yr 3
808840
Fisc Yr 4
846970
Num Unt
$ in millions
20230426
Pub Dt: 20230426 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20230426
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
NA
Sctn Nm
NA
Ln No
5
Ln Dscrp
e. Real Property Tax Revenue
Fisc Yr
2024
Fisc Yr 1
32269
Fisc Yr 2
32232
Fisc Yr 3
32501
Fisc Yr 4
33108
Num Unt
$ in millions
20230426
Pub Dt: 20230426 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20230426
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
NA
Sctn Nm
NA
Ln No
6
Ln Dscrp
f. Full Value of Taxable Real Estate
Fisc Yr
2024
Fisc Yr 1
1312791
Fisc Yr 2
1357419
Fisc Yr 3
1433503
Fisc Yr 4
1501411
Num Unt
$ in millions
20230426
Pub Dt: 20230426 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20230426
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
NA
Sctn Nm
NA
Ln No
7
Ln Dscrp
g. Population
Fisc Yr
2024
Fisc Yr 1
8467513
Fisc Yr 2
8467513
Fisc Yr 3
8467513
Fisc Yr 4
8467513
Num Unt
in persons
20240424
Pub Dt: 20240424 • Schld No: A • Schld Nm: Debt Incurring Power
Pub Dt
20240424
Schld No
A
Schld Nm
Debt Incurring Power
Sctn No
NA
Sctn Nm
NA
Ln No
1
Ln Dscrp
Total City Debt- Incurring Power under General Debt Limit
Fisc Yr
2025
Fisc Yr 1
136661
Fisc Yr 2
144048
Fisc Yr 3
150425
Fisc Yr 4
156371
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: A • Schld Nm: Debt Incurring Power
Pub Dt
20240424
Schld No
A
Schld Nm
Debt Incurring Power
Sctn No
NA
Sctn Nm
NA
Ln No
2
Ln Dscrp
Gross Debt-Funded
Fisc Yr
2025
Fisc Yr 1
44294
Fisc Yr 2
47709
Fisc Yr 3
51756
Fisc Yr 4
55932
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: A • Schld Nm: Debt Incurring Power
Pub Dt
20240424
Schld No
A
Schld Nm
Debt Incurring Power
Sctn No
NA
Sctn Nm
NA
Ln No
3
Ln Dscrp
Less: Excluded Debt
Fisc Yr
2025
Fisc Yr 1
-12
Fisc Yr 2
-10
Fisc Yr 3
-6
Fisc Yr 4
-4
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: A • Schld Nm: Debt Incurring Power
Pub Dt
20240424
Schld No
A
Schld Nm
Debt Incurring Power
Sctn No
NA
Sctn Nm
NA
Ln No
4
Fisc Yr
2025
Fisc Yr 1
44281
Fisc Yr 2
47700
Fisc Yr 3
51750
Fisc Yr 4
55928
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: A • Schld Nm: Debt Incurring Power
Pub Dt
20240424
Schld No
A
Schld Nm
Debt Incurring Power
Sctn No
NA
Sctn Nm
NA
Ln No
5
Ln Dscrp
Contracts and Other Liabilities, Net of Prior Financings Thereof
Fisc Yr
2025
Fisc Yr 1
30128
Fisc Yr 2
33667
Fisc Yr 3
35634
Fisc Yr 4
37481
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: A • Schld Nm: Debt Incurring Power
Pub Dt
20240424
Schld No
A
Schld Nm
Debt Incurring Power
Sctn No
NA
Sctn Nm
NA
Ln No
6
Ln Dscrp
Total City Indebtedness
Fisc Yr
2025
Fisc Yr 1
74410
Fisc Yr 2
81367
Fisc Yr 3
87384
Fisc Yr 4
93408
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: A • Schld Nm: Debt Incurring Power
Pub Dt
20240424
Schld No
A
Schld Nm
Debt Incurring Power
Sctn No
NA
Sctn Nm
NA
Ln No
7
Ln Dscrp
TFA Debt Outstanding above $13.5 billion
Fisc Yr
2025
Fisc Yr 1
34293
Fisc Yr 2
32224
Fisc Yr 3
36293
Fisc Yr 4
40359
Num Unt
$ in millions
Ftnts
Reflects the impact of the New York State fiscal year 2025 Enacted Budget which increased the total amount of TFA Future Tax Secured debt authorized to be outstanding and not subject to the City’s debt limit to $21.5 billion, beginning July 1, 2024, and to $27.5 billion beginning on July 1, 2025.
20240424
Pub Dt: 20240424 • Schld No: A • Schld Nm: Debt Incurring Power
Pub Dt
20240424
Schld No
A
Schld Nm
Debt Incurring Power
Sctn No
NA
Sctn Nm
NA
Ln No
8
Ln Dscrp
Combined Debt-Incurring Power of NYC and TFA
Fisc Yr
2025
Fisc Yr 1
27958
Fisc Yr 2
30457
Fisc Yr 3
26748
Fisc Yr 4
22603
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: B • Schld Nm: Sources of Funds
Pub Dt
20240424
Schld No
B
Schld Nm
Sources of Funds
Sctn No
NA
Sctn Nm
NA
Ln No
1
Ln Dscrp
City General Obligation Bonds
Fisc Yr
2025
Fisc Yr 1
5000
Fisc Yr 2
5760
Fisc Yr 3
6360
Fisc Yr 4
6580
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: B • Schld Nm: Sources of Funds
Pub Dt
20240424
Schld No
B
Schld Nm
Sources of Funds
Sctn No
NA
Sctn Nm
NA
Ln No
2
Ln Dscrp
TFA Future Tax Secured Bonds
Fisc Yr
2025
Fisc Yr 1
7500
Fisc Yr 2
5760
Fisc Yr 3
6360
Fisc Yr 4
6580
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: B • Schld Nm: Sources of Funds
Pub Dt
20240424
Schld No
B
Schld Nm
Sources of Funds
Sctn No
NA
Sctn Nm
NA
Ln No
4
Ln Dscrp
Water Authority Bonds
Fisc Yr
2025
Fisc Yr 1
1869
Fisc Yr 2
2236
Fisc Yr 3
2282
Fisc Yr 4
2487
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: B • Schld Nm: Sources of Funds
Pub Dt
20240424
Schld No
B
Schld Nm
Sources of Funds
Sctn No
NA
Sctn Nm
NA
Ln No
5
Ln Dscrp
Total
Fisc Yr
2025
Fisc Yr 1
14369
Fisc Yr 2
13756
Fisc Yr 3
15002
Fisc Yr 4
15647
Num Unt
$ in millions
Ftnts
Note: includes new money bonds and notes for capital purposes.
20240424
Pub Dt: 20240424 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20240424
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
I
Sctn Nm
Debt Service of NYC GO, Conduit Debt & TFA
Ln No
1
Ln Dscrp
[l.1] NYC General Obligation Debt Service
Fisc Yr
2025
Fisc Yr 1
4458
Fisc Yr 2
4628
Fisc Yr 3
4804
Fisc Yr 4
5180
Num Unt
$ in millions
Ftnts
Does not reflect prepayments.
20240424
Pub Dt: 20240424 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20240424
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
I
Sctn Nm
Debt Service of NYC GO, Conduit Debt & TFA
Ln No
2
Ln Dscrp
[l.2] Conduit Debt Debt Service
Fisc Yr
2025
Fisc Yr 1
120
Fisc Yr 2
119
Fisc Yr 3
118
Fisc Yr 4
112
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20240424
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
I
Sctn Nm
Debt Service of NYC GO, Conduit Debt & TFA
Ln No
3
Ln Dscrp
[l.3] Transitional Finance Authority Debt Service
Fisc Yr
2025
Fisc Yr 1
3661
Fisc Yr 2
4191
Fisc Yr 3
4695
Fisc Yr 4
5149
Num Unt
$ in millions
Ftnts
Does not reflect prepayments.
20240424
Pub Dt: 20240424 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20240424
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
I
Sctn Nm
Debt Service of NYC GO, Conduit Debt & TFA
Ln No
4
Ln Dscrp
[l.4] Total Debt Service (NYC GO, Conduit Debt & TFA)= [l.1] + [l.2] + [l.3]
Fisc Yr
2025
Fisc Yr 1
8239
Fisc Yr 2
8938
Fisc Yr 3
9617
Fisc Yr 4
10441
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20240424
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
II
Sctn Nm
Debt Outstanding: NYC GO, Conduit Debt & TFA as of 6/30
Ln No
1
Ln Dscrp
[l.5] NYC General Obligation Debt Outstanding
Fisc Yr
2025
Fisc Yr 1
44351
Fisc Yr 2
47671
Fisc Yr 3
51653
Fisc Yr 4
55746
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20240424
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
II
Sctn Nm
Debt Outstanding: NYC GO, Conduit Debt & TFA as of 6/30
Ln No
2
Ln Dscrp
[l.6] Conduit Debt Debt Outstanding
Fisc Yr
2025
Fisc Yr 1
794
Fisc Yr 2
726
Fisc Yr 3
656
Fisc Yr 4
586
Num Unt
$ in millions
20240424
Pub Dt: 20240424 • Schld No: C • Schld Nm: Debt Outstanding & Debt Service Ratios
Pub Dt
20240424
Schld No
C
Schld Nm
Debt Outstanding & Debt Service Ratios
Sctn No
II
Sctn Nm
Debt Outstanding: NYC GO, Conduit Debt & TFA as of 6/30
