Sheila A. Weinberg - Financial State of the States
Ms. Weinberg will present the institute's "Financial State of the States" report, which reviewed each state's 2010 Comprehensive Annual Financial Report (CAFR) to offset assets against liabilities. A detailed analysis of states' pension and health care liabilities was completed to uncover all of the states' liabilities. From these calculations, the institute was able to determine the true taxpayer's burden for all fifty states.
Sheila A. Weinberg, CPA, is the founder and CEO of the Institute for Truth in Accounting. The institute's mission is to compel, in a nonpartisan manner, governmental entities to produce financial reports that are understandable, reliable, transparent, and correct.