Wisconsin

2014 Data (Released 04/13/2015)

Financial State of Wisconsin

Press Release

 
Wisconsin owes more than it owns
At -$4,100, Wisconsin's “Taxpayer's Burden” ranks 23rd out of the 50 states
Wisconsin is among 39 “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 $11.7 billion of assets available to pay bills totaling $19.8 billion
To fill the $8.1 billion financial hole each Wisconsin taxpayer would have to send $4,100 to the state
The state's financial report was released 165 days after its fiscal year end, which is considered timely according to the 180 day goal
 

Prior Years' TIA Data

2013 Financial State of Wisconsin
 

Other Resources

Wisconsin Comprehensive Annual Financial Report
 
Publishing Entity:  Wisconsin State Controller's Office
IN THE NEWS
‘GAAP’ deficit clouds state budget picture

JANUARY 25, 2016 | LEADER-TELEGRAM (WISCONSIN)

"Numbers bore most people, but it’s important to know these things so that when lawmakers come bragging about cutting taxes while maintaining surpluses, they conveniently omit the less rosy reality…”

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