Truth in Accounting

Oklahoma City, OK

TIA Data

2022 Financial State of Oklahoma City (Released 2/15/2024)

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Oklahoma City owns more than it owes.
Oklahoma City's Taxpayer Surplus™ is $2,900, and it received a "B" from TIA.
Oklahoma City is a Sunshine City with enough assets to cover its debt.
Decisions by elected officials have created a Taxpayer Surplus™, which is each taxpayer's share of money available after city bills have been paid.
TIA's Taxpayer Surplus™ measurement incorporates all assets and liabilities, including retirement obligations.
Oklahoma City has $2.3 billion of assets available to pay the state's bills totaling $1.7 billion.
Oklahoma City has $550.4 million available after bills have been paid, which breaks down to $2,900 per taxpayer.
Oklahoma City's reported net position is understated by $302.9 million, largely because the city defers recognizing gains resulting from decreases in retirement liabilities.
The city's financial report was released 165 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2021 Financial State of Oklahoma City

2020 Financial State of Oklahoma City

2019 Financial State of Oklahoma City

2018 Financial State of Oklahoma City

2017 Financial State of Oklahoma City

2016 Financial State of Oklahoma City

2015 Financial State of Oklahoma City

Other Resources

Oklahoma City Annual Comprehensive Financial Reports

Publishing Entity: Finance Department

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