Indiana
Indiana owns more than it owes. |
Indiana has a $4,200 Taxpayer Surplus.™ |
Indiana 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. |
Indiana has $38.8 billion of assets available to pay the state's bills totaling $29.1 billion. |
Indiana has $9.6 billion available after bills have been paid, which breaks down to $4,200 per taxpayer. |
Indiana's reported net position is overstated by $2.2 billion, largely because the state delays recognizing losses incurred when the net pension liability increases. |
The state's financial report was released 184 days after its fiscal year end, which is considered untimely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of Indiana
2022 Financial State of Indiana
2021 Financial State of Indiana
2020 Financial State of Indiana
2019 Financial State of Indiana
2018 Financial State of Indiana
2017 Financial State of Indiana
2016 Financial State of Indiana
2015 Financial State of Indiana
2014 Financial State of Indiana
2013 Financial State of Indiana
2012 Financial State of Indiana
2011 Financial State of Indiana
City and Municipal Reports
Financial State of Indianapolis
Other Resources
Indiana Annual Comprehensive Financial Reports
Publishing Entity: The Office of Indiana State Comptroller