Irvine, CA

TIA Data

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

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

 
Irvine's Taxpayer Surplus™ is $4,100, and it received a "B" from TIA.
Irvine 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.
Irvine has $626 million of assets available to pay the state's bills totaling $245.5 million.
Irvine has $380.4 million available after bills have been paid, which breaks down to $4,100 per taxpayer.
Irvine's reported net position is inflated by $64.7 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 128 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of Irvine

2016 Financial State of Irvine

Other Resources

Irvine Comprehensive Annual Financial Reports

Publishing Entity: Fiscal Services Department

IN THE NEWS
2020-2018 awards

AUGUST 21, 2020 | CITY OF IRVINE, CALIFORNIA

The City of Irvine has been nationally recognized by LendEDU for having one of the highest percentages of solar-powered homes in the U.S.(link is external) with .27% of homes powered by the sun. Irvine ranks #1,095 in the country and #384 in the State of California, making us one of the most eco-friendly places in the country. 

VIEW LESS