By the numbers: Colorado receives ‘D’ grade on national ranking of states’ fiscal health
Colorado ranked No. 31 in an analysis
of the state’s ability to pay all of its bills, including public
employers’ pension benefits, according to a new ranking of the states’
fiscal health by Truth in Accounting (TIA).
Colorado was found to be short $19.3 billion to pay its bills, according to the analysis by TIA, which is a Chicago-based nonprofit that reports on fiscal data from state and local governments.
The amount of the state’s shortfall in funding to pay off its bills amounts to $9,800 per taxpayer, the study found.
The TIA gave the state a financial grade of “D.”
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State Rankings on Fiscal Health
Source: Truth in Accounting
Colorado was found to be short $19.3 billion to pay its bills, according to the analysis by TIA, which is a Chicago-based nonprofit that reports on fiscal data from state and local governments.
The amount of the state’s shortfall in funding to pay off its bills amounts to $9,800 per taxpayer, the study found.
The TIA gave the state a financial grade of “D.”
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State Rankings on Fiscal Health
| Rank | State | Money Needed / Available to Pay Bills (in billions) | Per-Taxpayer Debt / Surplus | Financial Grade |
| 1 | Alaska | $16.3 | $56,500 | A |
| 2 | North Dakota | $7.1 | $24,900 | A |
| 3 | Wyoming | $4.0 | $19,600 | A |
| 4 | Utah | $3.9 | $4,400 | B |
| 5 | South Dakota | $0.9 | $3,100 | B |
| 6 | Idaho | $1.3 | $2,700 | B |
| 7 | Tennessee | $5.0 | $2,500 | B |
| 8 | Nebraska | $1.2 | $1,800 | B |
| 9 | Oregon | $1.4 | $1,000 | B |
| 10 | Iowa | $0.5 | $500 | B |
| 11 | Florida | -$11.6 | -$1,800 | C |
| 12 | Virginia | -$5.4 | -$1,900 | C |
| 13 | Indiana | -$5.7 | -$2,700 | C |
| 14 | Montana | -$1.1 | -$3,300 | C |
| 14 | Oklahoma | -$3.2 | -$2,900 | C |
| 16 | Nevada | -$3.1 | -$3,300 | C |
| 17 | Arkansas | -$2.9 | -$3,600 | C |
| 18 | Wisconsin | -$8.0 | -$3,900 | C |
| 19 | Georgia | -$11.1 | -$3,900 | C |
| 20 | Missouri | -$7.9 | -$4,100 | C |
| 21 | Arizona | -$8.8 | -$4,500 | C |
| 22 | Minnesota | -$9.7 | -$4,700 | C |
| 23 | New Hampshire | -$2.9 | -$5,400 | D |
| 24 | Maine | -$3.5 | -$7,500 | D |
| 24 | Ohio | -$30.7 | -$7,700 | D |
| 25 | Kansas | -$7.0 | -$7,600 | D |
| 27 | North Carolina | -$24.3 | -$8,100 | D |
| 28 | Washington | -$23.0 | -$8,700 | D |
| 29 | New Mexico | -$5.1 | -$9,000 | D |
| 30 | West Virginia | -$4.9 | -$9,500 | D |
| 31 | Colorado | -$19.3 | -$9,800 | D |
| 32 | Texas | -$82.2 | -$10,100 | D |
| 33 | Mississippi | -$8.3 | -$11,300 | D |
| 34 | Alabama | -$15.2 | -$11,800 | D |
| 35 | Rhode Island | -$5.5 | -$14,500 | D |
| 36 | Louisiana | -$19.7 | -$15,500 | D |
| 37 | Maryland | -$34.6 | -$16,000 | D |
| 38 | Michigan | -$53.0 | -$16,600 | D |
| 39 | South Carolina | -$26.2 | -$18,100 | D |
| 40 | Pennsylvania | -$82.1 | -$18,800 | D |
| 41 | Vermont | -$4.7 | -$20,100 | F |
| 42 | New York | -$143.0 | -$21,500 | F |
| 43 | California | -$269.9 | -$22,000 | F |
| 44 | Delaware | -$10.0 | -$30,400 | F |
| 45 | Hawaii | -$15.6 | -$31,600 | F |
| 46 | Massachusetts | -$86.9 | -$33,500 | F |
| 47 | Kentucky | -$50.3 | -$39,200 | F |
| 48 | Illinois | -$216.1 | -$50,800 | F |
| 49 | Connecticut | -$69.8 | -$53,400 | F |
| 50 | New Jersey | -$195.5 | -$61,400 | F |
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