Truth in Accounting

Florida

TIA Data

2023 Financial State of Florida (Released 10/03/2024)

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

 
Florida owns more than it owes.
Florida has a $3,000 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 $107.2 billion of assets available to pay the state's bills totaling $82.1 billion.
Florida has $25.1 billion available after bills have been paid, which breaks down to $3,000 per taxpayer.
Florida's reported net position is understated by $2.1 billion, 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 Data

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

2010 Financial State of Florida

2009 Financial State of Florida

City and Other Municipal Reports

Financial State of Jacksonville

Financial State of Miami

Financial State of Orlando

Financial State of Tampa

Other Resources

Florida Annual Comprehensive Financial Reports

Publishing Entity: Division of Accounting and Auditing

IN THE NEWS
Property tax-cut push creates double bind for Deegan

JULY 20, 2025 | JACKSONVILLE TODAY | by A.G. Gancarski

Meanwhile, a big-picture view of local finances, via the watchdogs at Truth in Accounting, suggests that the city council is as complicit as the mayor in not reining in big spending at the expense of the future. 

Earlier this year, the group reported a per capita debt of nearly $10,000 for every person in the city, which puts Jacksonville 60th out of 75 cities ranked. 

COMPARE THIS DATA WITH OTHER STATES    VIEW MORE CHART TOOLS

VIEW LESS