SNAPSHOT BY THE NUMBERS
- Michigan's Bills Exceed Its Assets
- Assets * $103.5
- Less: Capital Assets * $31.9
- Restricted Assets * $24.7
- Assets Available to Pay Bills * $46.9
- Less: Bills * $75
- Money Available (Needed) to Pay Bills * ($28.2)
- Each Taxpayer's Surplus (Burden) ($7,600)
- The Bills Michigan has Accumulated
- State Bonds * $21
- Other Liabilities * $20
- Less: Debt Related to Capital Assets * $7.6
- Unfunded Pension Benefits * $39
- Unfunded Retirees' Health Care Benefits * $2.6
- Bills * $75