Minnesota
| Minnesota owns more than it owes. |
| Minnesota has a $7,100 Taxpayer Surplus.™ |
| Minnesota is a Sunshine State with enough assets to cover its debt. |
| Elected officials have created a Taxpayer Surplus™, which is each taxpayer's share of money available after state bills have been paid. |
| TIA's Taxpayer Surplus™ measurement incorporates both assets and liabilities, not just pension debt. |
| Minnesota has $45 billion of assets available to pay the state's bills totaling $29.4 billion. |
| Minnesota has $15.6 billion available after bills have been paid, which breaks down to $7,100 per taxpayer. |
| Minnesota's reported net position is overstated by $1 billion, largely because the state delays recognizing losses incurred when the net pension liability increases. |
| The state's financial report was released 166 days after its fiscal year end, which is considered timely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of Minnesota
2022 Financial State of Minnesota
2021 Financial State of Minnesota
2020 Financial State of Minnesota
2019 Financial State of Minnesota
2018 Financial State of Minnesota
2017 Financial State of Minnesota
2016 Financial State of Minnesota
2015 Financial State of Minnesota
2014 Financial State of Minnesota
2013 Financial State of Minnesota
2012 Financial State of Minnesota
2011 Financial State of Minnesota
City and Municipal Reports
Financial State of Minneapolis
Other Resources
Minnesota Annual Comprehensive Financial Reports
Publishing Entity: Minnesota Management and Budget
