In its 2012 State Debt Medians report, Moodya#39;s lists the Statea#39;s ratio of net tax- supported debt to personal income at 6.0 percent. ... When debt service is adjusted to account for approximately $1.1 billion of estimated offsets, the 2012- 13 debt service decreases to $742 ... These bonds will have interest payments in the second half of the fiscal year. ... The Moodya#39;s calculation of net tax-supported debt includes G0 bonds (non self-liquidating), LRBs (excluding UC), ERBs, Prop 1A, G0anbsp;...
|Title||:||State of California's Debt Affordability Report|