ny-gov/new-debt-issuance-for-local-authorities-qbd7-9grw
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Updated 6 months ago
Indexed 3 hours ago

New Debt Issuance for Local Authorities

Public authorities are required by Section 2800 of Public Authorities Law to submit annual reports to the Authorities Budget Office that includes debt information. The dataset consists of new debt issuances reported by Local Authorities that covers 8 fiscal years, which includes fiscal years ending in the most recently completed calendar year.

Columns

NameSocrata field nameColumn name in sgr mountData typeDescription
Cost Of Issuancecost_of_issuancecost_of_issuanceNumberThe expenses associated with the sale of a new issue of municipal securities, including such items as printing, legal and rating agency fees and others. In certain cases, the underwriter's discount may be considered one of the costs of issuance. This field is blank when the Authority reported having no new debt issuances.
Authority Nameauthority_nameauthority_nameTextName of the Public Authority
Term Yearsterm_yearsterm_yearsNumberThe length of the bond (in years) until it matures. This field is blank when the Authority reported having no new debt issuances.
Bond Closing Datebond_closing_datebond_closing_dateCalendar dateThe date of bond issuance. This field is blank when the Authority reported having no new debt issuances.
Issue Processissue_processissue_processTextIndicates the method of sale used for the new issuance. Authorities may select from the following: Competitive or Negotiated. This field is blank when the Authority reported having no new debt issuances.
True Interest Costtrue_interest_costtrue_interest_costNumberThe effective rate of interest compounded semi-annually on the amount of bonds issued, plus the cost of issuance, expressed as a percentage. This information should be available from the bond counsel, or available from the official statement. This field is blank when the Authority reported having no new debt issuances.
Refunding Amountrefunding_amountrefunding_amountNumberTotal refunding amount. This field is blank when the Authority reported having no new debt issuances.
Interest Typeinterest_typeinterest_typeTextIndicates whether the interest rate is fixed or variable. This field is blank when the Authority reported having no new debt issuances.
Fiscal Year End Datefiscal_year_end_datefiscal_year_end_dateCalendar dateDate of Fiscal Year end for the Authority
Project Nameproject_nameproject_nameTextName of project requiring debt issuance. This field is blank when the Authority reported having no new debt issuances.
New Amountnew_amountnew_amountNumberNew amount of debt being issued. This field is blank when the Authority reported having no new debt issuances.
ProgramprogramprogramTextName of the program for which debt was issued. The program is specific to the "Type of Debt" field and correlates to the enacted New York State Budget. This field is only required for State Guaranteed, State Supported, State Contingent Obligation, State Moral Obligation, or Other State-Funded debt. This field is blank when the Authority reported having no new debt issuances or if the debt type is not State-backed debt.
Type Of Debttype_of_debttype_of_debtTextIndicates the type of debt issued. Authorities may select any of the following types of debt: State Guaranteed, State Supported, State Contingent Obligation, State Moral Obligation, Other State-Funded, Authority Debt - General Obligation, Authority Debt – Revenue, Authority Debt – Other, Conduit Debt. Definitions for the different types of debt can be found in the Overview document. This field is blank when the Authority reported having no new debt issuances.
Total Amounttotal_amounttotal_amountNumberCalculated field summing the Refunding Amount and New Amount. This field is blank when the Authority reported having no new debt issuances.
Issued Debt Obligationsissued_debt_obligationsissued_debt_obligationsTextIndicates whether the Authority reported issuing new debt in a fiscal year.
 
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  • new_debt_issuance_for_local_authorities
     
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