TIA Data

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

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

Louisiana owes more than it owns.
Louisiana's Taxpayer Burden™ is -$17,100, and it received a "D" from TIA.
Louisiana 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.
Louisiana only has $14.8 billion of assets available to pay bills totaling $36.4 billion.
Because Louisiana doesn't have enough money to pay its bills, it has a $21.6 billion financial hole. To fill it, each Louisiana taxpayer would have to send $17,100 to the state.
Louisiana's reported net position is overstated by $1.2 billion, largely because the state delays recognizing losses incurred when the net pension liability increases.
The state's financial report was released 183 days after its fiscal year end, which is considered untimely according to the 180 day standard.

Prior Years' TIA Data

2018 Financial State of Louisiana

2017 Financial State of Louisiana

2016 Financial State of Louisiana

2015 Financial State of Louisiana

2014 Financial State of Louisiana

2013 Financial State of Louisiana

2012 Financial State of Louisiana

2011 Financial State of Louisiana

2010 Financial State of Louisiana

2009 Financial State of Louisiana

City and Other Municipal Reports

Financial State of New Orleans

Other Resources

Louisiana Comprehensive Annual Financial Reports

Publishing Entity: Division of Administration

Congressman Higgins explains no vote against spending bill that contains disaster relief money for Louisiana


By Jeff Palermo, includes “… Higgins is explaining why he and other Republican members of Louisiana’s Congressional delegation voted against a bill that would provide Louisiana with much-needed disaster relief assistance. Higgins says the legislation would also raise the federal debt ceiling by another 15 trillion dollars.”