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California Public Debt Issuance
Yearly Totals for the Period January 1, 1985 Through March 31, 2013*
| Year | State Issues | Local Issues | Student Loan Issues | Total | % of Change |
|---|---|---|---|---|---|
| 1985 | 7,833,712,020 | 24,329,426,679 | 760,000,000 | 32,923,138,699 | |
| 1986 | 7,599,576,464 | 16,464,931,480 | 249,400,000 | 24,313,907,944 | -26.15 |
| 1987 | 4,155,360,000 | 12,423,924,702 | 800,000,000 | 17,379,284,702 | -28.52 |
| 1988 | 7,950,675,000 | 14,315,615,201 | 220,000,000 | 22,486,290,201 | 29.39 |
| 1989 | 6,918,090,529 | 15,438,897,895 | 22,356,988,424 | -.58 | |
| 1990 | 10,480,381,139 | 13,696,104,804 | 24,176,485,943 | 8.14 | |
| 1991 | 14,521,605,862 | 20,063,079,556 | 237,500,000 | 34,822,185,418 | 44.03 |
| 1992 | 16,748,466,407 | 26,753,362,092 | 352,500,000 | 43,854,328,499 | 25.94 |
| 1993 | 15,291,478,972 | 41,320,302,474 | 63,700,000 | 56,675,481,446 | 29.24 |
| 1994 | 16,110,762,183 | 25,920,456,676 | 150,000,000 | 42,181,218,859 | -25.57 |
| 1995 | 3,776,058,000 | 22,978,983,845 | 260,700,000 | 27,015,741,845 | -35.95 |
| 1996 | 12,702,883,318 | 23,534,124,002 | 484,500,000 | 36,721,507,320 | 35.93 |
| 1997 | 10,529,337,417 | 28,238,730,664 | 150,000,000 | 38,918,068,081 | 5.98 |
| 1998 | 11,078,585,635 | 29,459,923,477 | 695,000,000 | 41,233,509,112 | 5.95 |
| 1999 | 7,493,552,199 | 26,564,795,699 | 261,000,000 | 34,319,347,898 | -16.77 |
| 2000 | 7,707,805,181 | 22,594,570,144 | 83,000,000 | 30,385,375,325 | -11.46 |
| 2001 | 13,428,673,567 | 31,626,011,146 | 244,700,000 | 45,299,384,713 | 49.08 |
| 2002 | 40,996,362,110 | 35,469,332,939 | 938,000,000 | 77,403,695,049 | 70.87 |
| 2003 | 37,035,893,637 | 42,843,442,600 | 521,200,000 | 80,400,536,237 | 3.87 |
| 2004 | 31,460,546,250 | 38,590,491,774 | 368,500,000 | 70,419,538,024 | -12.41 |
| 2005 | 25,166,634,247 | 45,182,028,615 | 342,250,000 | 70,690,912,862 | .39 |
| 2006 | 12,345,224,500 | 45,793,666,080 | 290,000,000 | 58,428,890,580 | -17.35 |
| 2007 | 30,443,298,829 | 53,771,664,993 | 692,800,000 | 84,907,763,822 | 45.32 |
| 2008 | 25,552,063,940 | 43,366,496,653 | 68,918,560,593 | -18.83 | |
| 2009 | 45,990,490,847 | 49,348,822,701 | 95,339,313,548 | 38.34 | |
| 2010 | 37,818,592,473 | 52,182,211,302 | 458,319,000 | 90,455,122,775 | -5.12 |
| 2011 | 24,218,439,720 | 33,597,584,728 | 57,816,024,448 | -36.09 | |
| 2012 | 25,988,503,881 | 41,206,532,724 | 213,013,545 | 67,408,050,150 | 16.59 |
| 2013 | 2,406,810,000 | 10,347,875,424 | 12,754,685,424 | -81.08 |
*Totals may include taxable debt issuance as well as issuance for the purpose of refunding existing indebtedness.
Source: California Debt and Investment Advisory Commission
April 22, 2013