Report: Alabama burden is $8,000 per taxpayer

(The Center Square) – Alabama does not have enough money to pay its outstanding bills and earned a D grade in the 16th annual Financial State of the States 2025 report.

Released by Truth In Accounting, the analysis for fiscal year 2024 – ending June 30, 2024 – said any state with a taxpayer burden between $5,000 and $20,000 gets a D. The report says $21.9 billion is available to pay $33.4 billion worth of bills, generating an $11.6 billion shortfall or $8,000 per taxpayer in the nation’s 24th largest state.