Santa Ana, CA

TIA Data

2019 Financial State of Santa Ana (Released 1/26/2021)

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Santa Ana's Taxpayer Burden™ is -$5,400, and it received a "D" from TIA.
Santa Ana 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.
Santa Ana only has $309.7 million of assets available to pay bills totaling $881.6 million.
Because Santa Ana doesn't have enough money to pay its bills, it has a $571.9 million financial hole. To erase this shortfall, each Santa Ana taxpayer would have to send $5,400 to the city.
Santa Ana's reported net position is inflated by $69.6 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 156 days after its fiscal year end, which is considered timely according to the 180 day standard.

Prior Years' TIA Data

2018 Financial State of Santa Ana

2017 Financial State of Santa Ana

2016 Financial State of Santa Ana

Other Resources

Santa Ana Comprehensive Annual Financial Reports

Publishing Entity: Finance and Management Services

Report: Most big cities were in bad fiscal shape before the pandemic. Expect it to get worse


By Teri Sforza, includes “It’s a bit like hiding credit card bills under the mattress and declaring that everything’s fine: Cities, a watchdog group says, don’t include the true costs of government in the budgets they present to the public. Into this financial house of mirrors strides Truth in Accounting, a nonprofit, nonpartisan organization devoted to translating inscrutable financial documents into a language everyone can understand.”