How much is california in debt?

From 1974 to 1999, California voters approved $38.4 billion of general obligation bonds. Since 2000, voters approved more than $103.2 billion. The state is paying on $86.8 billion in bond debt with another $32.3 billion expected to be issued in the coming years. read more

SACRAMENTO — California has come a long way to dig itself out of budget deficits, but the state remains on shaky ground due to nearly $400 billion in unfunded liabilities and debt from public pensions, retiree health care and bonds, financial analysts say. read more

California’s actual “Wall of Debt” is an estimated $443 billion, much larger than the $26.2 billion frequently cited by officials and the media. Introduction. Over the last decade, California amassed extensive debt that it will have to repay over the coming decades. read more

Our estimate of California government debt represents about 52% of California’s Gross State Product of $2.48 trillion. When added to the state’s share of the national debt, we find that California taxpayers are shouldering debt burdens on a par with residents of peripheral Eurozone states. read more