This is a judgment of credit quality based on a 2017 analysis by Moody's Investors Service. Credit quality was measured on a 21-point scale by evaluating a state's sovereignty, ability to raise taxes and the relative size and diversity of its economic base. TN ranks 1st.
How we'll improve
This measures pension liability, which refers to the difference in the amount of money the state owes retirees and the actual amount it has to make future payments. It is calculated by dividing the unfunded pension liability by the state's personal income. TN ranks 1st.
How we'll improve
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