Outstanding Obligations Report

Iowa Code chapter 12.1 requires all political subdivisions of the state to report outstanding obligations to the Treasurer of State. Obligations to be reported include bonds, notes, certificates of participation, leases and anticipatory warrants as defined by Iowa Code chapter 74.1.

Outstanding Obligations
Public Entity	Amount Oustanding
Cities	`$4,835,631,768`
Schools Districts/AEAs	`$2,727,099,941`
State Authorities	`$2,345,775,667`
Board of Regents	`$1,360,506,170`
State Agencies	`$1,091,735,000`
Counties	`$828,756,642`
Community Colleges	`$573,451,484`
Others	`$38,437,188`
TOTAL OUTSTANDING DEBT	`$13,801,393,860`

The following chart shows the percentage of total public debt for each entity:

Summary of Outstanding Debt June 30, 2010

The following table indicates Fiscal Year to Fiscal Year change in Outstanding Obligations for each sector:

Fiscal Year to Fiscal Year change in Outstanding Obligations
	FY 11	FY 10	$ Change	% Change
Cities	`$4,835,631,768`	`$4,603,072,952`	`$232,558,816`	`5.05%`
School Districts/AEAs	`$2,727,099,941`	`$2,491,398,725`	`$235,701,216`	`9.46%`
Authorities	`$2,345,775,667`	`$2,460,702,892`	`$(114,927,225)`	`-4.67%`
Regents	`$1,360,506,170`	`$1,299,884,352`	`$60,621,818`	`4.66%`
Counties	`$828,756,642`	`$674,361,516`	`$154,395,126`	`22.90%`
Community Colleges	`$573,451,484`	`$556,762,964`	`$16,688,520`	`3.00%`
State Agencies	`$1,091,735,000`	`$818,349,000`	`$273,386,000`	`33.41%`
Others	`$38,437,188`	`$41,288,739`	`(2,851,551)`	`-6.91%`
Total	`$13,801,393,860`	`$12,945,821,140`	`$852,572,720`	`6.61%`

The following bar graph indicates outstanding amounts as of June 30 for the previous 5 fiscal years:

You can see the growth rate in debt for the different sectors over the past 5 years: