Vermont

TIA Data

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

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

 
Vermont owes more than it owns.
Vermont's Taxpayer Burden™ is -$19,000, and it received a "D" from TIA.
Vermont 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.
Vermont only has $3.9 billion of assets available to pay bills totaling $8.4 billion.
Because Vermont doesn't have enough money to pay its bills, it has a $4.5 billion financial hole. To fill it, each Vermont taxpayer would have to send $19,000 to the state.
Vermont's reported net position is inflated by $480.2 million, largely because the state defers recognizing losses incurred when the net pension liability increases.
The state's financial report was released 174 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of Vermont

2016 Financial State of Vermont

2015 Financial State of Vermont

2014 Financial State of Vermont

2013 Financial State of Vermont

2012 Financial State of Vermont

2011 Financial State of Vermont

2010 Financial State of Vermont

2009 Financial State of Vermont

Other Resources

Vermont Comprehensive Annual Financial Reports

Publishing Entity: Department of Finance & Management

IN THE NEWS
Unfunded pension liabilities

SEPTEMBER 16, 2019 | RUTLAND HERALD (VERMONT)

The unfunded pension liabilities facing the Vermont State Employee and Teacher Retirement systems are crippling Vermont.

VIEW LESS