Stockton, CA

TIA Data

2020 Financial State of Stockton (Released 1/25/2022)

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Stockton's Taxpayer Burden™ is -$300, and it received a "C" from TIA.
Stockton 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.
Stockton only has $666.5 million of assets available to pay bills totaling $694 million.
Because Stockton doesn't have enough money to pay its bills, it has a $27.5 million financial hole. To erase this shortfall, each Stockton taxpayer would have to send $300 to the city.
Stockton's reported net position is inflated by $85.6 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 161 days after its fiscal year end, which is considered timely according to the 180 day standard.

Prior Years' TIA Data

2019 Financial State of Stockton

2018 Financial State of Stockton

2017 Financial State of Stockton, CA

2016 Financial State of Stockton

Other Resources

Stockton Comprehensive Annual Financial Reports

Publishing Entity: Administrative Services Department