Orlando, FL

TIA Data

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

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Orlando's Taxpayer Burden™ is -$2,300, and it received a "C" from TIA.
Orlando 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.
Orlando only has $1.1 billion of assets available to pay bills totaling $1.3 billion.
Because Orlando doesn't have enough money to pay its bills, it has a $213.4 million financial hole. To erase this shortfall, each Orlando taxpayer would have to send $2,300 to the city.
Orlando's reported net position is inflated by $168 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 177 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of Orlando

2016 Financial State of Orlando

Other Resources

Orlando Comprehensive Annual Financial Reports

Publishing Entity: Office of Business and Financial Services

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