Explanation of the indicator
Governments issue debt to fund infrastructure and facility projects. A government's debt burden is the cost of servicing this debt. This chart reflects the amount of debt issued per capita.
In some cases, County-level data are not available from the same data source used by the State. In other cases, County-level data are not available for the same time frame used by the State. In these instances, data sources and time frames were selected that most closely match those of the State. Due to this difference, it must be noted that comparisons may not be completely equivalent in all cases. Michigan's data source is Moody's Investor Service, Annual Reports.