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How much debt has the state incurred?

How much debt has the state incurred?

The state's outstanding debt totaled $7.3 billion as of September 30, 2023. This was comprised of $868.6 million in general obligation bonds, $6.4 billion in revenue dedicated bonds, and $54.0 million in commercial paper. Below is a five-year history of the state's outstanding debt: 

FAQ FY22 five year trend