Atlanta, GA

TIA Data

2018 Financial State of Atlanta (Released 1/24/2020)

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Atlanta's Taxpayer Burden™ is -$9,900, and it received a "D" 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 $3.4 billion of assets available to pay bills totaling $4.8 billion.
Because Atlanta doesn't have enough money to pay its bills, it has a $1.4 billion financial hole. To erase this shortfall, each Atlanta taxpayer would have to send $9,900 to the city.
Atlanta's reported net position is inflated by $13.9 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 180 days after its fiscal year end, which is considered timely according to the 180 day standard.

Prior Years' TIA Data

2017 Financial State of Atlanta

2016 Financial State of Atlanta

2015 Financial State of Atlanta

Other Resources

Atlanta Comprehensive Annual Financial Reports

Publishing Entity: Department of Finance

Georgia is doing fine, thank you

JULY 9, 2020 | CITY JOURNAL | by Matt Strauss

The northeastern United States was badly ravaged by the Covid-19 pandemic. The five states with the highest Covid-19 deaths per capita to date are New Jersey, New York, Connecticut, Massachusetts, and Rhode Island; if the District of Columbia were a state, it would place sixth.