In Moody’s study, as a percentage of states’ gross domestic product, the debt and pension liabilities combined range from 16.2 percent in Hawaii to 0.1 percent in Nebraska. For 31 states, these long-term obligations amount to more than 100 percent of annual tax revenue. For 10 states, it is more than 200 percent.

Connecticut has the highest funding needs relative to its economy, taxing power, revenues and population. Combined pension and long-term debt liabilities amount to $9,366 per citizen.

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