Idaho

2015 Data (Released 09/19/2016)

Financial State of Idaho

Press Release

 
Idaho owns more than it owes
At $2,400, Idaho's “Taxpayer's Surplus” ranks 8th out of the 50 states
Idaho is among 10 “Sunshine States” with enough assets to cover its debt
Elected officials have created a Taxpayer Surplus, which is each taxpayer's share of money available after state bills have been paid
TIA's Taxpayer Surplus measurement incorporates both assets and liabilities, not just pension debt
Idaho has $4.6 billion of assets available to pay the state's bills totaling $3.5 billion
Idaho has $1.1 billion available after bills have been paid: $2,400 per taxpayer
Because of a new accounting rule, Idaho now has to report its pension debt on its balance sheet. As a result, the state's reported pension debt grew from $14.3 million in 2014 to $207.9 million in 2015. However, the state is still hiding $148.3 million of pension debt from taxpayers.
The state's financial report was released 184 days after its fiscal year end, which is considered untimely according to the 180 day goal
 

Prior Years' TIA Data

2014 Financial State of Idaho

2013 Financial State of Idaho

Other Resources

Idaho Comprehensive Annual Financial Reports

Publishing Entity: Idaho Legislature

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