Colorado has $30.6 billion of assets available to pay the state's bills totaling $27.4 billion.
Colorado has $3.2 billion available after bills have been paid, which breaks down to $1,500 per taxpayer.
Colorado's reported net position is understated by $1.7 billion, largely because the state delays recognizing gains resulting from decreases in retirement liabilities.
The state's financial report was released 173 days after its fiscal year end, which is considered timely according to the 180 day standard.
Truth in Accounting has once again created a transparency score for the financial reporting by state governments to encourage the publication of transparent and accurate government financial information.