Truth in Accounting

TIA Data

2018 Financial State of Nebraska (Released 9/24/2019)

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Nebraska owns more than it owes.
Nebraska's Taxpayer Surplus™ is $2,000, and it received a "B" from TIA.
Nebraska 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.
Nebraska has $4.2 billion of assets available to pay the state's bills totaling $2.9 billion.
Nebraska has $1.3 billion available after bills have been paid, which breaks down to $2,000 per taxpayer.
Nebraska's reported net position is inflated by $75.3 million, largely because the state defers recognizing losses incurred when the net pension liability increases.
The state's financial report was released 188 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of Nebraska

2016 Financial State of Nebraska

2015 Financial State of Nebraska

2014 Financial State of Nebraska

2013 Financial State of Nebraska

2012 Financial State of Nebraska

2011 Financial State of Nebraska

2010 Financial State of Nebraska

2009 Financial State of Nebraska

Other Resources

Nebraska Comprehensive Annual Financial Reports

Publishing Entity: Nebraska Administrative Services: State Accounting

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