Truth in Accounting

Fresno, CA

TIA Data

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

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

 
Fresno's Taxpayer Surplus™ is $3,200, 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 $772 million of assets available to pay the state's bills totaling $219.6 million.
Fresno has $552.4 million available after bills have been paid, which breaks down to $3,200 per taxpayer.
Fresno's reported net position is understated by $18.3 million, largely because the city defers recognizing gains resulting from decreases in retirement liabilities.
The city's financial report was released 201 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of Fresno

2016 Financial State of Fresno

2015 Financial State of Fresno

Other Resources

Fresno Comprehensive Annual Financial Reports

Publishing Entity: Finance Department

IN THE NEWS
VIEW LESS