Colorado Springs, CO

TIA Data

2020 Financial State of Colorado Springs (Released 1/25/2022)

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Colorado Springs' Taxpayer Surplus™ is $300, and it received a "B" from TIA.
Colorado Springs 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.
Colorado Springs has $1.8 billion of assets available to pay the state's bills totaling $1.8 billion.
Colorado Springs has $55.4 million available after bills have been paid, which breaks down to $300 per taxpayer.
Colorado Springs's reported net position is inflated by $50.1 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 162 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2019 Financial State of Colorado Springs

2018 Financial State of Colorado Springs

2017 Financial State of Colorado Springs, CO

2016 Financial State of Colorado Springs

2015 Financial State of Colorado Springs

Other Resources

Colorado Springs Comprehensive Annual Financial Reports

Publishing Entity: Accounting Office

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