Missouri

TIA Data

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

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

 
Missouri owes more than it owns.
Missouri's Taxpayer Burden™ is -$4,300, and it received a "C" from TIA.
Missouri 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.
Missouri only has $9.5 billion of assets available to pay bills totaling $17.8 billion.
Because Missouri doesn't have enough money to pay its bills, it has a $8.3 billion financial hole. To fill it, each Missouri taxpayer would have to send $4,300 to the state.
Missouri's reported net position is inflated by $2.1 billion, largely because the state defers recognizing losses incurred when the net pension liability increases.
The state's financial report was released 208 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of Missouri

2016 Financial State of Missouri

2015 Financial State of Missouri

2014 Financial State of Missouri

2013 Financial State of Missouri

2012 Financial State of Missouri

2011 Financial State of Missouri

2010 Financial State of Missouri

2009 Financial State of Missouri

City and Other Municipal Reports

Financial State of Kansas City

Financial State of St. Louis

Other Resources

Missouri Comprehensive Annual Financial Reports

Publishing Entity: Office of Administration

IN THE NEWS
Accounting changes coming for banks

AUGUST 29, 2019 | FEDERAL RESERVE BANK OF ST. LOUIS | by Julie Stackhouse

This post is part of a series titled “Supervising Our Nation’s Financial Institutions.” The series, written by Julie Stackhouse, executive vice president and officer-in-charge of supervision at the St. Louis Federal Reserve, appears at least once each month.

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