ALBANY, N.Y. (AP) — The state government’s debt has topped $63.3 billion, with New York on track to approach its borrowing limit in early 2014, the comptroller’s office reported Monday.

That debt burden, averaging $3,253 per resident, is almost three times the national median, according to the report. New York’s state-funded debt is second only to California’s $96.4 billion and 80 percent higher than New Jersey, which is third.