Truth in Accounting’s Financial Transparency Score 2026 evaluates how effectively each state government discloses its true financial condition through audited financial reports. The report examines key transparency measures, including audit quality, timeliness, pension reporting, and accounting practices that can distort a government’s financial position. This year’s findings show overall transparency scores declined nationwide, with several states continuing to struggle with delayed reports, poor audit outcomes, and hidden retirement liabilities.

Download the full report here.