Idaho

TIA Data

2016 Financial State of Idaho (Released 5/15/2017)

 
Idaho owns more than it owes
Idaho's Taxpayer Surplus™ is $1,800, and received a "B" from TIA
Idaho is a Sunshine State 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 $4.2 billion of assets available to pay the state's bills totaling $3.4 billion
Idaho has $854.4 million available after bills have been paid, which breaks down to $1,800 per taxpayer
Because of an accounting rule implemented last year, Idaho has to report its pension debt on its balance sheet. This year, the state's reported pension debt grew from $207.9 million in 2015 to $364.1 million in 2016.
Despite reporting most of its pension debt, the state is still hiding retiree health care debt. Idaho's total hidden debt amounts to $251.8 million. A new accounting standard will be implemented in two years, and will require states to report this debt on the balance sheet.
The state's financial report was released 176 days after its fiscal year end, which is considered timely according to the 180 day standard
 

Prior Years' TIA Data

2015 Financial State of Idaho

2014 Financial State of Idaho

2013 Financial State of Idaho

Other Resources

Idaho Comprehensive Annual Financial Reports

Publishing Entity: Office of the State Controller

IN THE NEWS
Turkish opposition subsidizes scores of state lawmakers' trips

FEBRUARY 10, 2017 | USA TODAY

By Liz Essley Whyte (Center for Public Integrity), includes "More than 150 state legislators from places like Idaho and Texas accepted subsidized junkets from a Turkish opposition group that the country's government now blames for an attempted coup. 

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