Truth in Accounting

Fresno, CA

TIA Data

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

Use Create Your Own City Chart to see additional financial, demographic and economic data for this and other cities

 
Fresno's Taxpayer Surplus™ is $1,300, and it received a "B" from TIA.
Fresno 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.
Fresno has $853.4 million of assets available to pay the state's bills totaling $628.7 million.
Fresno has $224.7 million available after bills have been paid, which breaks down to $1,300 per taxpayer.
Fresno's reported net position is inflated by $123.1 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 219 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2019 Financial State of Fresno

2018 Financial State of Fresno

2017 Financial State of Fresno, CA

2016 Financial State of Fresno

2015 Financial State of Fresno

Other Resources

Fresno Comprehensive Annual Financial Reports

Publishing Entity: Finance Department

IN THE NEWS
Fresno ranks No. 8 on list of fiscally healthy U.S. cities

JANUARY 28, 2022 | THE BUSINESS JOURNAL (CALIFORNIA) | by Editorial

Includes “The City of Fresno has fared well in its fiscal health with a healthy surplus compared to other U.S. municipalities, a recent financial report shows. According to Truth in Accounting’s 2022 Financial State of the Cities, which surveys the fiscal health of the 75 largest municipalities in the country, Fresno ranked eighth on the chart with a $1,300 surplus per estimated taxpayer. … ”

VIEW LESS