St. Louis, MO

TIA Data

2020 Financial State of St. Louis (Released 1/25/2022)

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St. Louis' Taxpayer Burden™ is -$17,500, and it received a "D" from TIA.
St. Louis 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.
St. Louis only has $900.5 million of assets available to pay bills totaling $2.5 billion.
Because St. Louis doesn't have enough money to pay its bills, it has a $1.6 billion financial hole. To erase this shortfall, each St. Louis taxpayer would have to send $17,500 to the city.
St. Louis's reported net position is inflated by $186.5 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 176 days after its fiscal year end, which is considered timely according to the 180 day standard.

Prior Years' TIA Data

2019 Financial State of St. Louis

2018 Financial State of St. Louis

2017 Financial State of St. Louis, MO

2016 Financial State of St. Louis

Other Resources

St. Louis Comprehensive Annual Financial Reports

Publishing Entity: Comptroller's Office

St. Louis, MO received ā€˜Dā€™ grade for fiscal health

FEBRUARY 10, 2022 | USA BREAKING NEWS | by Editorial

Includes: "A new report on the financial condition of the 75 most populous cities ranked St. Louis no. 65 in the nation for fiscal health. ... The bottom line is that St. Louis did not have enough money to pay its bills, which is why it received a 'D' grade for its fiscal health."