SNAPSHOT BY THE NUMBERS
- Michigan's Bills Exceed Its Assets
- Assets * $88.6
- Less: Capital Assets * $29.3
- Restricted Assets * $17.5
- Assets Available to Pay Bills * $41.8
- Less: Bills * $70.5
- Money Available (Needed) to Pay Bills * ($28.7)
- Each Taxpayer's Surplus (Burden) ($8,800)
- The Bills Michigan has Accumulated
- State Bonds * $21
- Other Liabilities * $18.2
- Less: Debt Related to Capital Assets * $5.1
- Unfunded Pension Benefits * $29
- Unfunded Retirees' Health Care Benefits * $7.4
- Bills * $70.5