2003 Green Book
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DEBT SERVICE

Adjusted
Appropriation
2002-03
Executive
Request
2003-04
Legislative
Appropriation
2003-04
Change


DEBT SERVICE
General Fund 245,000,000 245,000,000 245,000,000 0
Debt Service Fund 4,000,675,000 3,677,300,000 3,684,300,000 7,000,000
Capital Projects Fund - Other 625,000,000 700,000,000 700,000,000 0
Fiduciary 40,000,000 40,000,000 40,000,000 0
Internal Service Fund 110,000,000 60,000,000 60,000,000 0
All Funds 1,272,000,000 2,260,000,000 2,260,000,000 0
Total for DEBT SERVICE 6,292,675,000 6,982,300,000 6,989,300,000 7,000,000

General Fund

State Purposes Account
Rebates To Federal Government 20,000,000 20,000,000 20,000,000 0
Redemption of General Obligation Bonds 225,000,000 225,000,000 225,000,000 0

Debt Service Fund

Housing Debt Fund
General Obligation Bonds 28,000,000 32,000,000 32,000,000 0

Debt Reduction Reserve Fund
Debt Reduction 0 55,000,000 55,000,000 0

Mental Health Services Fund
Financing Agreements 370,000,000 270,000,000 270,000,000 0

General Debt Service Fund
Principal & Interest on Serial Bonds 580,000,000 505,000,000 505,000,000 0
Financing Agreements 2,529,150,000 1,921,550,000 1,928,550,000 7,000,000
Revenue Bond Financing 0 405,000,000 405,000,000 0
Lease Purchase Payments 61,525,000 61,750,000 61,750,000 0

Health Income Fund
Financing Agreements 2,000,000 2,000,000 2,000,000 0
Financing Agreements 35,000,000 35,000,000 35,000,000 0

State University Dormitory Income Fund
Financing Agreements 70,000,000 55,000,000 55,000,000 0

Local Government Assistance Tax Fund
Financing Agreements 325,000,000 335,000,000 335,000,000 0

Capital Projects Fund - Other

Dedicated Highway & Bridge Trust Fund
Financing Agreements 625,000,000 700,000,000 700,000,000 0

Fiduciary

School Capital Facilities Financing Reserve Fund
Trust & Agency Financing 40,000,000 40,000,000 40,000,000 0

Internal Service Fund

Centralized Services Fund
Financing Agreements 110,000,000 60,000,000 60,000,000 0

All Funds

All Funds
Contingency Appropriation 1,272,000,000 2,260,000,000 2,260,000,000 0

LEGISLATIVE ACTION

The Executive resubmitted the Debt Service Bill after the 30-day amendment period in order to provide for an increase in the appropriation from the General Debt Service Fund by $7,000,000 to the City University Construction Fund for City University Senior Colleges and Community Colleges.

Article VII

The Legislature denies the legislation proposed by the Executive that would authorize the issuance of refunding bonds on State-supported debt without approval by the Public Authorities Control Board.

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