New Jersey owes more than it owns.

New Jersey's Taxpayer Burden™ is -$57,900 , and it received an "F" from TIA.

New Jersey is a Sinkhole State without enough assets to cover its debt.

Elected officials have created a Taxpayer Burden™, which is each taxpayer's share of state bills after its available assets have been tapped.

TIA's Taxpayer Burden™ measurement incorporates both assets and liabilities, not just pension debt.

New Jersey only has $24.9 billion of assets available to pay bills totaling $214.5 billion .

Because New Jersey doesn't have enough money to pay its bills, it has a $189.6 billion financial hole. To fill it, each New Jersey taxpayer would have to send $57,900 to the state.

New Jersey's reported net position is understated by $26.4 billion , largely because the state delays recognizing gains resulting from decreases in retirement liabilities.