Delaware

TIA Data

2020 Financial State of Delaware (Released 9/28/2021)

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

 
Delaware owes more than it owns.
Delaware's Taxpayer Burden™ is -$31,300, and it received an "F" from TIA.
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 $4.9 billion of assets available to pay bills totaling $15.3 billion.
Because Delaware doesn't have enough money to pay its bills, it has a $10.4 billion financial hole. To fill it, each Delaware taxpayer would have to send $31,300 to the state.
Delaware's reported net position is understated by $698.6 million, largely because the state delays recognizing gains resulting from decreases in retirement liabilities.
The state's financial report was released 177 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

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

2010 Financial State of Delaware

2009 Financial State of Delaware

Other Resources

Delaware Comprehensive Annual Financial Reports

Publishing Entity: State of Delaware - Division of Accounting

IN THE NEWS
VIEWPOINT: Lack of focus not funding in Delaware’s budget

FEBRUARY 8, 2022 | DELAWARE BUSINESS TIMES | by Editorial

Includes: "Delaware’s overall financial condition worsened by 21% during the onset of the pandemic, mostly because of post-employment liabilities. A Truth in Accounting report from 2021 revealed that Delaware still has $1.8 billion of unpaid pension debt. With more than an $800 million surplus, it is time to pay down this massive debt."

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