Delaware
| Delaware owes more than it owns. |
| Delaware has a -$15,700 Taxpayer Burden.™ |
| Delaware 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. |
| Delaware only has $8.1 billion of assets available to pay bills totaling $14.1 billion. |
| Because Delaware doesn't have enough money to pay its bills, it has a -$6 billion financial hole. To fill it, each Delaware taxpayer would have to send -$15,700 to the state. |
| Delaware's reported net position is understated by $39.4 million, largely because the state delays recognizing gains resulting from decreases in retirement liabilities. |
| The state's financial report was released 176 days after its fiscal year end, which is considered timely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of Delaware
2022 Financial State of Delaware
2021 Financial State of Delaware
2020 Financial State of Delaware
2019 Financial State of Delaware
2018 Financial State of Delaware
2017 Financial State of Delaware
2016 Financial State of Delaware
2015 Financial State of Delaware
2014 Financial State of Delaware
2013 Financial State of Delaware
2012 Financial State of Delaware
2011 Financial State of Delaware
Other Resources
Delaware Annual Comprehensive Financial Reports
Publishing Entity: State of Delaware - Division of Accounting
