TIA Data

2019 Financial State of Colorado (Released 9/22/2020)

Use Create Your Own State Chart to see additional financial, demographic and economic data for this and other states

Colorado owes more than it owns.
Colorado's Taxpayer Burden™ is -$2,600, and it received a "C" from TIA.
Colorado is a Sinkhole State without enough assets to cover its debt.
Elected officials have created a Taxpayer Burden™, which is each taxpayer's share of state bills after its available assets have been tapped.
TIA's Taxpayer Burden™ measurement incorporates both assets and liabilities, not just pension debt.
Colorado only has $14.9 billion of assets available to pay bills totaling $20.3 billion.
Because Colorado doesn't have enough money to pay its bills, it has a $5.4 billion financial hole. To fill it, each Colorado taxpayer would have to send $2,600 to the state.
Colorado's reported net position is understated by $2 billion, largely because the state delays recognizing gains resulting from decreases in retirement liabilities.
The state's financial report was released 205 days after its fiscal year end, which is considered untimely according to the 180 day standard.

Prior Years' TIA Data

2018 Financial State of Colorado

2017 Financial State of Colorado

2016 Financial State of Colorado

2015 Financial State of Colorado

2014 Financial State of Colorado

2013 Financial State of Colorado

2012 Financial State of Colorado

2011 Financial State of Colorado

2010 Financial State of Colorado

2009 Financial State of Colorado

City and Other Municipal Reports

2013 Financial State of Adams

2013 Financial State of Adams-Arapahoe

2013 Financial State of Denver County

2013 Financial State of Douglas

2013 Financial State of Gilcrest

2013 Financial State of Greeley

2013 Financial State of Jefferson

2013 Financial State of Littleton

2013 Financial State of Platte

2013 Financial State of St. Vrain

Financial State of Aurora

Financial State of Colorado Springs

Financial State of Denver

Other Resources

Colorado Comprehensive Annual Financial Reports

Publishing Entity: Office of the State Controller

Public pension plans need to put a year of good investment returns in perspective

JULY 6, 2021 | REASON FOUNDATION | by Truong Bui, Jordan Campbell

By Truong Bui and Jordan Campbell, includes “… A single year, or even several years, of above-average investment returns would be welcome news for public pension plans. But, a year or two of great returns will not resuscitate the public pension plans at risk of financial insolvency. … For the last 20 years, state and local pension plans’ assumed rates of return have been far too optimistic.”