For the second year the Institute reviewed each state's Comprehensive Annual Financial Report (CAFR) to determine the financial condition of each state and each Taxpayer's Burden.
Download the report by making a contribution or obtain a free download.
Most states are sinking in debt. Despite the existence of a balanced budget requirement in all but one state, governors and legislatures have dug huge financial holes.
The Institute has just conpleted a significant, comprehensive study of all 50 states' assets and liabilities, including pension and retirement health obligations.
The Institute publishes this report to provide general and financial information about the State of Illinois government to citizens in a comprehensive and easy to understand format.
