Total State and Local Government
This section of Reason Foundation's tool provides a nationwide view aggregating finances across 50 state governments, 2,317 county governments, 8,630 municipal governments, and 10,408 school districts serving 331 million residents and 42.6 million students. Data are aggregated from individual government ACFRs across multiple fiscal years. You can select a metric below to update the map and summary and click on a state or row in the table to pull up the entity report for that state.
Due to limitations in our data pipeline, zero values may indicate missing data not a true zero.
United States
Total Assets
$15,172
$19,849
$23,402
$29,590
$168,254
All U.S. State & Local Governments
Balance Sheet
Total Assets
$8.7422T
$26,376 per capita
Current Assets
$3.7285T
$11,249 per capita
Total Liabilities
$6.0906T
$18,376 per
capita
Current Liabilities
$1.2047T
$3,635 per
capita
Non-Current Liabilities
$4.8859T
$14,741 per capita
Net Pension Liability
$1.5390T
$4,643 per
capita
Net OPEB Liability
$958.07B
$2,891 per capita
Bonds, Loans & Notes
$2.0096T
$6,063 per
capita
Compensated Absences
$85.131B
$257
per capita
Net Position
$2.6516T
$8,000 per capita
Income Statement
Total Revenues
$5.2988T
$15,987 per
capita
Total Expenses
$4.7616T
$14,366 per
capita
Financial Analysis
Debt Ratio
0.70
Liabilities / Assets
Current Ratio
3.10
Current Assets / Current Liabilities
Free Cash Flow
−$667.50B
−$2,014 per
capita
Data Table: Total Assets
Showing 1 to 10 of 50
| State ↑ | Total Assets | Population | Total Assets Per Capita |
|---|---|---|---|
| Alabama | $99,586,405,528 | 5,024,356 | $19,821 |
| Alaska | $123,393,522,015 | 733,378 | $168,254 |
| Arizona | $191,925,625,235 | 7,151,507 | $26,837 |
| Arkansas | $54,415,966,631 | 3,011,555 | $18,069 |
| California | $1,313,619,691,995 | 39,538,245 | $33,224 |
| Colorado | $185,963,744,995 | 5,773,733 | $32,209 |
| Connecticut | $87,620,977,231 | 3,605,942 | $24,299 |
| Delaware | $24,754,610,939 | 989,957 | $25,006 |
| Florida | $551,077,382,004 | 21,538,226 | $25,586 |
| Georgia | $253,947,923,249 | 10,711,937 | $23,707 |
* Nevada's state government data are from FY 2022 ACFR (FY 2023 not yet published), all others are FY 2023
These values were extracted from publicly available audited financial reports. Despite
thorough review, data collection at this scale can result in discrepancies. Please alert us if
you identify any errors.