Arkansas
Arkansas owns more than it owes. |
Arkansas has a $6,200 Taxpayer Surplus.™ |
Arkansas is a Sunshine State with enough assets to cover its debt. |
Elected officials have created a Taxpayer Surplus™, which is each taxpayer's share of money available after state bills have been paid. |
TIA's Taxpayer Surplus™ measurement incorporates both assets and liabilities, not just pension debt. |
Arkansas has $14.3 billion of assets available to pay the state's bills totaling $8.9 billion. |
Arkansas has $5.4 billion available after bills have been paid, which breaks down to $6,200 per taxpayer. |
Arkansas's reported net position is overstated by $234.6 million, largely because the state delays recognizing losses incurred when the net pension liability increases. |
The state's financial report was released 214 days after its fiscal year end, which is considered untimely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of Arkansas
2022 Financial State of Arkansas
2021 Financial State of Arkansas
2020 Financial State of Arkansas
2019 Financial State of Arkansas
2018 Financial State of Arkansas
2017 Financial State of Arkansas
2016 Financial State of Arkansas
2015 Financial State of Arkansas
2014 Financial State of Arkansas
2013 Financial State of Arkansas
2012 Financial State of Arkansas
2011 Financial State of Arkansas
Other Resources
Arkansas Annual Comprehensive Financial Reports
Publishing Entity: Arkansas Department of Finance and Administration Office of Accounting