The following table sets forth the calculation of debt-incurring power against the City’s debt limit as of March 31, 2017.
|NYC Debt‐Incurring Power vs. Debt Limit|
|Total City Debt Limit||$90,236,149,070|
|G.O. Bonds Outstanding||$37,752,549,085|
|Less: Excluded Debt||$(43,139,025)|
|Less: Appropriations for Payment of Principal||$(119,100,320)|
|Contracts and Other Liabilities, Net of Prior Financings Thereof||$10,123,492,720|
|Total City Indebtedness||$47,713,802,460|
|TFA Debt Outstanding above $13.5 billion||$16,350,510,000|
Note: Numbers may not add due to rounding.