U.S. Census Bureau
| [hide]Total fiscal year 2015 state debt, U.S. Census Bureau | ||
|---|---|---|
| State | Total state debt | State debt per capita |
| Minnesota | $16,755,784,000 | $3,056 |
| Iowa | $6,120,464,000 | $1,960 |
| South Dakota | $3,286,231,000 | $3,830 |
How much debt does Minnesota have?
about 17.49 billion U.S. dollars
In the fiscal year of 2021, Minnesota’s state debt stood at about 17.49 billion U.S. dollars.
Which US state is the most in debt?
In 2019, the federal state of California had about 506.66 billion U.S. dollars of debt outstanding, the most out of any state.
Is Minneapolis in debt?
Minneapolis only has $986.9 million of assets available to pay bills totaling $1.2 billion. Because Minneapolis doesn’t have enough money to pay its bills, it has a $175.1 million financial hole.
How much money does Minnesota have?
The grew to $1.51 billion in February of that year when COVID was barely mentioned in the forecast. A special update in May showed a $2.42 billion deficit. In November, 2020, that was replaced by a $641 million surplus, followed by a $1.6 billion surplus in February, 2021 and a $7.75 billion surplus last December.
What states are in financial trouble?
States with the Most Debt
- New York. New York has the highest debt of any state, with total debt of over $203.77 billion.
- New Jersey. New Jersey has the second-highest amount of debt in the country.
- Illinois.
- Massachusetts.
- 5. California.
- Texas.
- Florida.
- North Carolina.
How much is Oregon in debt?
16.61 billion U.S. dollars
In the fiscal year of 2020, the state of Oregon had state debt totaling 16.61 billion U.S. dollars.
How much is Texas in debt?
As of August 31, 2021 Texas had a total of $63.21 billion in state debt outstanding, including both general obligation and revenue debt. Texas’ general obligation debt is rated at Aaa/AAA/AAA/AAA by the credit rating agencies, Moody’s Investors Service, Standard & Poor’s, Fitch Ratings and Kroll.
How much is New York’s debt?
In the fiscal year of 2021, New York’s state debt stood at about 160.65 billion U.S. dollars. By the fiscal year of 2027, this is projected to increase to 202.65 billion U.S. dollars.
How much is America in debt?
By the end of 2021, the federal government had $28.43 trillion in federal debt.
Does MN have a surplus?
Minnesota’s General Fund surplus, announced in late February at $9.25 billion by the Minnesota Management and Budget, will fluctuate depending on the impact of the conflict in Ukraine on energy and commodities, any resurgence of the pandemic, and other variables.
How did Minnesota pay for U.S. Bank Stadium?
The State of Minnesota’s portion of the cost of the stadium was to be funded by revenue from a proposed new charitable gambling source, which was dubbed electronic pulltabs.
How much did taxpayers pay for U.S. Bank Stadium?
U.S. Bank Stadium cost $1.1 billion to build. The city of Minneapolis, due to pay $17 million next year as part of the financing deal that built U.S. Bank Stadium, plans to ask the state for help paying it.
What does Minnesota spend the most on?
Minnesota’s largest spending areas per capita were public welfare ($3,021) and elementary and secondary education ($2,422). The Census Bureau includes most Medicaid spending in public welfare but also allocates some of it to public hospitals.
Where do Minnesota tax dollars go?
Revenues come mainly from tax collections, licensing fees, federal aid, and returns on investments. Expenditures generally include spending on government salaries, infrastructure, education, public pensions, public assistance, corrections, Medicaid, and transportation.
What isn’t taxed in Minnesota?
Common examples include: Clothing for general use, see Clothing. Food (grocery items), see Food and Food Ingredients. Prescription and over-the-counter drugs for humans, see Drugs.
What state is the best financially?
Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall. Learn more about the Best States for fiscal stability below.
Which state has strongest economy?
Washington topped the list of best state economies, ranking third on economic activity, seventh on economic health, and second on innovation potential. Utah and California rounded out the top three state economies. At the bottom of the list were Louisiana, Alaska, and West Virginia.
How much is China’s debt?
China, U.S. lead rise in global debt to record high $305 trillion – IIF.
How far in debt is Illinois?
U.S. Census Bureau
| [hide]Total fiscal year 2015 state debt, U.S. Census Bureau | ||
|---|---|---|
| State | Total state debt | State debt per capita |
| Illinois | $64,221,381,000 | $5,002 |
| Indiana | $22,463,710,000 | $3,397 |
| Missouri | $19,350,325,000 | $3,185 |
How much in debt is Idaho?
U.S. Census Bureau
| [hide]Total fiscal year 2015 state debt, U.S. Census Bureau | ||
|---|---|---|
| State | Total state debt | State debt per capita |
| Idaho | $3,685,377,000 | $2,230 |
| Montana | $3,206,612,000 | $3,107 |
| Oregon | $13,061,182,000 | $3,245 |