Minnesota Annual Financial Checkup Package Form
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People also ask
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Does Minnesota have an annual report?
Minnesota Annual Report Information. Businesses and nonprofits are required to file annual reports to stay in good standing with the secretary of state.
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How far is Minnesota in debt?
In the fiscal year of 2022, Minnesota's state debt stood at about 17.75 billion U.S. dollars. Comparatively, the state's debt was approximately 5.6 billion U.S. dollars in 2000. The national debt of the United Stated can be found here.
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Is Minnesota doing well financially?
Minnesota is currently ranked 44th in the United States for its economic outlook. This is a forward-looking forecast based on the state's standing (equal-weighted average) in 15 important state policy variables.
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What is the financial status of the state of Minnesota?
TIA's Taxpayer Surplus™ measurement incorporates both assets and liabilities, not just pension debt. Minnesota has $43.9 billion of assets available to pay the state's bills totaling $28.9 billion. Minnesota has $14.9 billion available after bills have been paid, which breaks down to $6,500 per taxpayer.
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How is the economy of Minnesota?
The economy of Minnesota produced US$472 billion of gross domestic product in 2023. Minnesota headquartered 15 Fortune 500 companies in 2023, the largest of which were UnitedHealth Group (5th) and Target (33rd). The per capita personal income in 2022 was $60,785, ranking ninth in the nation.
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What is the financial condition of Minnesota?
Minnesota's healthy financial condition helped the state move forward in a positive direction post-Covid. Based upon the state's latest audited financial report for the fiscal year 2021, Minnesota had a Taxpayer Surplus™ of $2,400, earning it a “B” grade from Truth in Accounting.
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