Florida : State Data and Comparisons : Data-Z

Florida

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Florida owns more than it owes.

Florida has a $2,600 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 $103.1 billion of assets available to pay the state's bills totaling $81.7 billion.

Florida has $21.4 billion available after bills have been paid, which breaks down to $2,600 per taxpayer.

Florida's reported net position is overstated by $922 million, largely because the state delays recognizing losses incurred when the net pension liability increases.

The state's financial report was released 239 days after its fiscal year end, which is considered untimely according to the 180 day standard.

Florida

Prior Years' TIA Reports

City and Municipal Reports

Other Resources

IN THE NEWS

Financial State of the States 2026

Financial Transparency Score 2026

Florida's Single Audit Reveals Serious Oversight Gaps in Federal Public Health Funds

Pandemic Programs Expire, Leaving States with Major Funding Gaps

Financial State of the States 2025

Property tax-cut push creates double bind for Deegan

Financial Transparency Score 2025