Georgia
Georgia owns more than it owes. |
Georgia has a $4,000 Taxpayer Surplus.™ |
Georgia 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. |
Georgia has $54.2 billion of assets available to pay the state's bills totaling $40.6 billion. |
Georgia has $13.6 billion available after bills have been paid, which breaks down to $4,000 per taxpayer. |
Georgia's reported net position is overstated by $2.4 billion, largely because the state delays recognizing losses incurred when the net pension liability increases. |
The state's financial report was released 297 days after its fiscal year end, which is considered untimely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of Georgia
2022 Financial State of Georgia
2021 Financial State of Georgia
2020 Financial State of Georgia
2019 Financial State of Georgia
2018 Financial State of Georgia
2017 Financial State of Georgia
2016 Financial State of Georgia
2015 Financial State of Georgia
2014 Financial State of Georgia
2013 Financial State of Georgia
2012 Financial State of Georgia
2011 Financial State of Georgia
City and Municipal Reports
Other Resources
Georgia Annual Comprehensive Financial Reports
Publishing Entity: State Accounting Office