Wisconsin

2015 Data (Released 06/14/2016)

Financial State of Wisconsin

 
Wisconsin owes more than it owns
At -$4,600, Wisconsin's “Taxpayer's Burden” ranks 24th out of the 50 states
Wisconsin is among 40 “Sinkhole States” without enough assets to cover its debt
Elected officials have created a Taxpayer Burden, which is each taxpayer's share of state bills after its assets available have been tapped
TIA's Taxpayer Burden measurement incorporates both assets and liabilities, not just pension debt
Wisconsin has only $9.4 billion of assets available to pay bills totaling $18.5 billion
To fill the $9.1 billion financial hole each Wisconsin taxpayer would have to send $4,600 to the state
Because of a new accounting rule, Wisconsin now has to report its pension debt on its balance sheet. As a result, the state's reported pension debt grew from $0 in 2014 to -$765.9 million in 2015.
The state's financial report was released 170 days after its fiscal year end, which is considered timely according to the 180 day goal
 

Prior Years' TIA Data

2014 Financial State of Wisconsin

2013 Financial State of Wisconsin

Other Resources

Wisconsin Comprehensive Annual Financial Reports

Publishing Entity: Wisconsin Department of Administration

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