FRANKFORT, Ky. -- Kentucky's auditor is revealing new details about the state's debt.
Auditor Mike Harmon says the state has $54.6 billion in total debt for the 2018 fiscal year.
$43.3 billion, or nearly 80 percent of that debt, was because of unfunded pensions.
Among the remaining $11.2 million in bonded debt includes $3.85 billion in outstanding bonds for capital construction projects.
About $3 billion is towards higher education and student loans.
Harmon says the total debt is more than $12,000 for every person in the state.