Henderson, NV

TIA Data

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

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Henderson's Taxpayer Burden™ is -$2,300, and it received a "C" from TIA.
Henderson 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.
Henderson only has $619 million of assets available to pay bills totaling $874.5 million.
Because Henderson doesn't have enough money to pay its bills, it has a $255.5 million financial hole. To erase this shortfall, each Henderson taxpayer would have to send $2,300 to the city.
Henderson's reported net position is inflated by $60.7 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 153 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2019 Financial State of Henderson

2018 Financial State of Henderson

2017 Financial State of Henderson, NV

2016 Financial State of Henderson

Other Resources

Henderson Comprehensive Annual Financial Reports

Publishing Entity: Finance Department

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