Oklahoma City, OK

TIA Data

2019 Financial State of Oklahoma City (Released 1/26/2021)

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Oklahoma City's Taxpayer Surplus™ is $400, and it received a "B" from TIA.
Oklahoma City 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.
Oklahoma City has $1.8 billion of assets available to pay the state's bills totaling $1.7 billion.
Oklahoma City has $61.2 million available after bills have been paid, which breaks down to $400 per taxpayer.
Oklahoma City's reported net position is understated by $53.3 million, largely because the city defers recognizing gains resulting from decreases in retirement liabilities.
The city's financial report was released 143 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2018 Financial State of Oklahoma City

2017 Financial State of Oklahoma City

2016 Financial State of Oklahoma City

2015 Financial State of Oklahoma City

Other Resources

Oklahoma City Comprehensive Annual Financial Reports

Publishing Entity: Finance Department

IN THE NEWS
Returns to work, stimulus, inflation to thank for growing sales tax revenue

JULY 13, 2021 | THE OKLAHOMAN | by Jana Hayes

By Jana Hayes, includes “The city continues to break sales tax records with the July sales tax check coming in at $45.1 million.  … Oklahoma City Budget Director Doug Dowler attributed the healthy revenue to more folks back at work, federal stimulus money and inflation. … ‘Our local economy continues to roar!’ …”

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