Atlanta, GA

TIA Data

2020 Financial State of Atlanta (Released 1/25/2022)

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Atlanta's Taxpayer Burden™ is -$4,800, and it received a "C" from TIA.
Atlanta 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.
Atlanta only has $3.2 billion of assets available to pay bills totaling $3.9 billion.
Because Atlanta doesn't have enough money to pay its bills, it has a $678.3 million financial hole. To erase this shortfall, each Atlanta taxpayer would have to send $4,800 to the city.
Atlanta's reported net position is understated by $297.9 million, largely because the city defers recognizing gains resulting from decreases in retirement liabilities.
The city's financial report was released 171 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2019 Financial State of Atlanta

2018 Financial State of Atlanta

2017 Financial State of Atlanta, GA

2016 Financial State of Atlanta

2015 Financial State of Atlanta

Other Resources

Atlanta Comprehensive Annual Financial Reports

Publishing Entity: Atlanta Department of Finance

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