SNAPSHOT BY THE NUMBERS
- Michigan's Bills Exceed Its Assets
- Assets * $104.2
- Less: Capital Assets * $34.9
- Restricted Assets * $27.2
- Assets Available to Pay Bills * $42.1
- Less: Bills * $48.8
- Money Available (Needed) to Pay Bills * ($6.7)
- Each Taxpayer's Surplus (Burden) ($2,000)
- The Bills Michigan has Accumulated
- State Bonds * $19.5
- Other Liabilities * $20.3
- Less: Debt Related to Capital Assets * $8.5
- Unfunded Pension Benefits * $23.7
- Unfunded Retirees' Health Care Benefits * ($6.2)
- Bills * $48.8