Maine

TIA Data

2018 Financial State of Maine (Released 9/24/2019)

Use Create Your Own State Chart to see additional financial, demographic and economic data for this and other states

 
Maine owes more than it owns.
Maine's Taxpayer Burden™ is -$7,400, and it received a "D" from TIA.
Maine is a Sinkhole State 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 available assets have been tapped.
TIA's Taxpayer Burden™ measurement incorporates both assets and liabilities, not just pension debt.
Maine only has $6.6 billion of assets available to pay bills totaling $10.2 billion.
Because Maine doesn't have enough money to pay its bills, it has a $3.5 billion financial hole. To fill it, each Maine taxpayer would have to send $7,400 to the state.
Maine's reported net position is inflated by $367.7 million, largely because the state defers recognizing losses incurred when the net pension liability increases.
The state's financial report was released 159 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of Maine

2016 Financial State of Maine

2015 Financial State of Maine

2014 Financial State of Maine

2013 Financial State of Maine

2012 Financial State of Maine

2011 Financial State of Maine

2010 Financial State of Maine

2009 Financial State of Maine

Other Resources

Maine Comprehensive Annual Financial Reports

Publishing Entity: Office of the State Controller

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