How do a state's CAFR liabilities influence their overall debt?

In their Comprehensive Annual Financial Report (CAFR), states are required to list their total liabilities as of that year. This number can get pretty staggering, with all states’ liabilities being in the range of billions.

New State Data Releases

How is your state doing financially? Click here for the latest state data. Be sure to check back if your state isn't available yet.

How does your state rank in its financial timeliness?

While taxpayers must file taxes in a timely manner or face a fine for lateness, state governments do not follow such a standard of punctuality.

US Published National Debt

$19,390,000,745,209

The Truth

$87,046,320,152,975

Your Share: $272,000

 
  • New State Financial Data

     

    We have begun launching this year's new state financial reports. 

    See the list here for states with new data here. 

     
  • Bill's Blog

    Bill Bergman serves as TIA's Director of Research. He is responsible for managing TIA's federal project and State Data Lab's data base.  Bergman spent 13 years as an economist and policy analyst at the Federal Reserve Bank of Chicago.

     
  • Financial State of the Cities

    We analyzed the financial conditions of the ten largest US cities. See how they rank here. 

     
  • The Federal Project

    Our Federal Project explores various aspects of government financial reporting, and will examine a different theme each month for the next year. 

     
  • 2014 Financial State of the States

    Each year Truth in Accounting issues a report of the financial condition of each of the 50 states. Click here for our latest 2014 data to see how your state is doing.

     
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