SNAPSHOT BY THE NUMBERS
- Memphis's Bills Exceed Its Assets
- Assets * $8,134
- Less: Capital Assets * $5,674
- Restricted Assets * $558
- Assets Available to Pay Bills * $1,901
- Less: Bills * $2,836
- Money Available (Needed) to Pay Bills * ($935)
- Each Taxpayer's Surplus (Burden) ($4,800)
- The Bills Memphis has Accumulated
- State Bonds * $2,319
- Other Liabilities * $1,693
- Less: Debt Related to Capital Assets * $2,574
- Unfunded Pension Benefits * $455
- Unfunded Retirees' Health Care Benefits * $942
- Bills * $2,836