Florida
Florida owns more than it owes. |
Florida has a $2,900 Taxpayer Surplus.™ |
Florida 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. |
Florida has $108.1 billion of assets available to pay the state's bills totaling $84.7 billion. |
Florida has $23.4 billion available after bills have been paid, which breaks down to $2,900 per taxpayer. |
Florida's reported net position is understated by $780.4 million, largely because the state delays recognizing gains resulting from decreases in retirement liabilities. |
The state's financial report was released 243 days after its fiscal year end, which is considered untimely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of Florida
2022 Financial State of Florida
2021 Financial State of Florida
2020 Financial State of Florida
2019 Financial State of Florida
2018 Financial State of Florida
2017 Financial State of Florida
2016 Financial State of Florida
2015 Financial State of Florida
2014 Financial State of Florida
2013 Financial State of Florida
2012 Financial State of Florida
2011 Financial State of Florida
City and Municipal Reports
Financial State of Jacksonville
Other Resources
Florida Annual Comprehensive Financial Reports
Publishing Entity: Division of Accounting and Auditing