Dallas : State Data and Comparisons : Data-Z

Dallas, TX

TIA Data

2022 Financial State of Dallas (Released 1/15/2024)

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Dallas owes more than it owns.

Dallas' Taxpayer Burden™ is -$9,600, and it received a "D" from TIA.

Dallas is a Sinkhole City without enough assets to cover its debt.

Decisions by elected officials have created a Taxpayer Burden™, which is each taxpayer's share of city bills after its available assets have been tapped.

TIA's Taxpayer Burden™ measurement incorporates all assets and liabilities, including retirement obligations.

Dallas only has $3.4 billion of assets available to pay bills totaling $7.1 billion.

Because Dallas doesn't have enough money to pay its bills, it has a -$3.7 billion financial hole. To erase this shortfall, each Dallas taxpayer would have to send -$9,600 to the city.

Dallas's reported net position is understated by $1 billion, largely because the city defers recognizing gains resulting from decreases in retirement liabilities.

The city's financial report was released 147 days after its fiscal year end, which is considered timely according to the 180 day standard.

Prior Years' TIA Data

2021 Financial State of Dallas

2021 Dallas Combined Taxpayer Burden

2020 Financial State of Dallas

2020 Dallas Combined Taxpayer Burden

2019 Financial State of Dallas

2019 Dallas Combined Taxpayer Burden

2018 Financial State of Dallas

2018 Dallas Combined Taxpayer Burden

2017 Financial State of Dallas

2017 Dallas Combined Taxpayer Burden