Truth in Accounting

Tulsa, OK

TIA Data

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

Use Create Your Own City Chart to see additional financial, demographic and economic data for this and other cities

 
Tulsa's Taxpayer Surplus™ is $100, and it received a "B" from TIA.
Tulsa 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.
Tulsa has $1.1 billion of assets available to pay the state's bills totaling $1 billion.
Tulsa has $11.4 million available after bills have been paid, which breaks down to $100 per taxpayer.
Tulsa's reported net position is inflated by $63.4 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 209 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of Tulsa

2016 Financial State of Tulsa

2015 Financial State of Tulsa

Other Resources

Tulsa Comprehensive Annual Financial Reports

Publishing Entity: Department of Finance

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