New York Comptroller Thomas DiNapoli has released a report aiming to shed light on the less visible side of the state’s bond debt burden.

Tuesday, DiNapoli said New York state and local authority debt is nearing $250 billion. The authorities’ debt per state resident is expected to increase 28% by fiscal 2017-2018 from 2007-2008, according to report information.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.