Corpus Christi, TX

TIA Data

2020 Financial State of Corpus Christi (Released 1/25/2022)

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Corpus Christi's Taxpayer Surplus™ is $800, and it received a "B" from TIA.
Corpus Christi 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.
Corpus Christi has $747.8 million of assets available to pay the state's bills totaling $674.9 million.
Corpus Christi has $72.9 million available after bills have been paid, which breaks down to $800 per taxpayer.
Corpus Christi's reported net position is inflated by $27.2 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 181 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2019 Financial State of Corpus Christi

2018 Financial State of Corpus Christi

2017 Financial State of Corpus Christi, TX

2016 Financial State of Corpus Christi

Other Resources

Corpus Christi Comprehensive Annual Financial Reports

Publishing Entity: Financial Services

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