Idaho

TIA Data

2017 Financial State of Idaho (Released 9/25/2018)

 
Idaho owns more than it owes.
Idaho has a $2,700 Taxpayer Surplus.™
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 $3.9 billion of assets available to pay the state's bills totaling $2.6 billion.
Idaho has $1.3 billion available after bills have been paid, which breaks down to $2,700 per taxpayer.
Idaho's reported net position is inflated by $245.5 million, largely because the state defers recognizing losses incurred when the net pension liability increases.
The state is still hiding $74.9 million of its retiree health care debt. A new accounting standard will be implemented in the 2018 fiscal year which will require states to report this debt on the balance sheet.
The state's financial report was released 173 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2016 Financial State of Idaho

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
Brown, McMorris Rodgers disagree on Social Security

SEPTEMBER 18, 2018 | THE SPOKESMAN-REVIEW (IDAHO) | by Jim Camden

Congress could consider some comprehensive reforms of Social Security if they improve the program’s solvency and protect the benefits of retirees and those close to retirement, the Republican representing Eastern Washington voters said.

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