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ICYMI: Montana’s Debt Among Lowest in the Nation

Governor Steve Bullock today highlighted a report released by Moody’s Investors Service which ranked Montana as once again being one of the national leaders in terms of low levels of state debt, coupled with nationwide leading ratios highlighting Montana’s ability to pay its debt.
Specific metrics from the Moody’s report include:

· Ranked 4th best for net tax supported debt per capita at $254; 50 state average is $1,419;
· Ranked 4th best for net tax supported debt as a % of personal income at 0.7%; 50 state average is 3.1%;
· Ranked 3rd best for net tax supported debt at $259,835 (in thousands); 50 state average is $10,191,421 (in thousands); and
· Ranked 4th best for net tax supported debt as a % of state GDP at 0.59%; 50 state average is 2.67%.

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