Kansas
| Kansas owes more than it owns. |
| Kansas has a -$1,500 Taxpayer Burden.™ |
| Kansas 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. |
| Kansas only has $12.2 billion of assets available to pay bills totaling $13.7 billion. |
| Because Kansas doesn't have enough money to pay its bills, it has a -$1.5 billion financial hole. To fill it, each Kansas taxpayer would have to send -$1,500 to the state. |
| Kansas's reported net position is overstated by $699.2 million, largely because the state delays recognizing losses incurred when the net pension liability increases. |
| The state's financial report was released 150 days after its fiscal year end, which is considered timely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of Kansas
2022 Financial State of Kansas
2021 Financial State of Kansas
2020 Financial State of Kansas
2019 Financial State of Kansas
2018 Financial State of Kansas
2017 Financial State of Kansas
2016 Financial State of Kansas
2015 Financial State of Kansas
2014 Financial State of Kansas
2013 Financial State of Kansas
2012 Financial State of Kansas
2011 Financial State of Kansas
City and Municipal Reports
Other Resources
Kansas Annual Comprehensive Financial Reports
Publishing Entity: Department of Administration Office of Accounts and Reports
