Source: Truth in Accounting
Latest Data: 2023
Release Timing: Following Year
Frequency: Annual
Contact: Sheila Weinberg, 847-835-5200, sweinberg@truthinaccounting.org

Debt related to capital assets refers to the amount of debt raised to acquire or construct the government's capital assets. It is calculated by subtracting the "net investment in capital assets" from "capital assets," both of which can be found on the "Statement of Net Position" in the Annual  Comprehensive Financial Report (ACFRs) for the city or state.