The following table sets forth the calculation of debt-incurring power against the City’s debt limit as of September 30, 2017.
|NYC Debt‐Incurring Power vs. Debt Limit|
|Total City Debt Limit||$98,241,450,409|
|G.O. Bonds Outstanding||$35,898,083,958|
|Less: Excluded Debt||$(47,526,309)|
|Less: Appropriations for Payment of Principal||$(577,301,957)|
|Contracts and Other Liabilities, Net of Prior Financings Thereof||$10,919,190,862|
|Total City Indebtedness||$46,192,446,554|
|TFA Debt Outstanding above $13.5 billion||$19,637,270,000|
Note: Numbers may not add due to rounding.