SNAPSHOT BY THE NUMBERS
- Michigan's Bills Exceed Its Assets
- Assets * $74.4
- Less: Capital Assets * $29
- Restricted Assets * $16.3
- Assets Available to Pay Bills * $29.1
- Less: Bills * $85.7
- Money Available (Needed) to Pay Bills * ($56.6)
- Each Taxpayer's Surplus (Burden) ($17,000)
- The Bills Michigan has Accumulated
- State Bonds * $19.4
- Other Liabilities * $12.1
- Less: Debt Related to Capital Assets * $4.5
- Unfunded Pension Benefits * $41.4
- Unfunded Retirees' Health Care Benefits * $17.3
- Bills * $85.7