SNAPSHOT BY THE NUMBERS
- Michigan's Bills Exceed Its Assets
- Assets * $103
- Less: Capital Assets * $33.1
- Restricted Assets * $25.6
- Assets Available to Pay Bills * $44.2
- Less: Bills * $58.3
- Money Available (Needed) to Pay Bills * ($14.1)
- Each Taxpayer's Surplus (Burden) ($4,100)
- The Bills Michigan has Accumulated
- State Bonds * $19.5
- Other Liabilities * $20.3
- Less: Debt Related to Capital Assets * $8.1
- Unfunded Pension Benefits * $29.3
- Unfunded Retirees' Health Care Benefits * ($2.6)
- Bills * $58.3