|The Institute for Truth in Accounting announces State Data Lab, a website that enables everyone–-from citizens to legislators–-to better understand their state governments’ financial and economic condition.
State Data Lab houses all of the Institute's comprehensive data on state finances from 2009 to new data just uploaded for 2011. The website permits users to see the Institute's data in context with economic and demographic data points from sources across the country. Among the Institute's data points on State Data Lab are Assets Available to Pay Bills, Retirement Obligations Not Clearly Disclosed, and the Per Taxpayer Burden or Surplus.
Among State Data Lab's innovations, its graphing tool is perhaps the most valuable. Casual users and journalists can compare states and data points easily, using either bar charts or line graphs. Further output types will be added in the coming weeks. Additionally, power-users can sign up for an account to download the data for their own manipulation.
Illinois Policy Institute CEO John Tillman says, "The Institute for Truth in Accounting has the most comprehensive look at the fifty states' assets and liabilities, including state employee pensions and benefits. State Data Lab is a valuable, time-saving tool for policy organizations wanting to get a deeper look into state government finances."
Visit State Data Lab today to begin discovering the true extent to your state's debt and promises. For more information, email Richard Lorenc.