North Carolina
| North Carolina owns more than it owes. |
| North Carolina has a $4,700 Taxpayer Surplus.™ |
| North Carolina 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. |
| North Carolina has $74.6 billion of assets available to pay the state's bills totaling $57.6 billion. |
| North Carolina has $17 billion available after bills have been paid, which breaks down to $4,700 per taxpayer. |
| North Carolina's reported net position is overstated by $3.9 billion, largely because the state delays recognizing losses incurred when the net pension liability increases. |
| The state's financial report was released 172 days after its fiscal year end, which is considered timely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of North Carolina
2022 Financial State of North Carolina
2021 Financial State of North Carolina
2020 Financial State of North Carolina
2019 Financial State of North Carolina
2018 Financial State of North Carolina
2017 Financial State of North Carolina
2016 Financial State of North Carolina
2015 Financial State of North Carolina
2014 Financial State of North Carolina
2013 Financial State of North Carolina
2012 Financial State of North Carolina
2011 Financial State of North Carolina
City and Municipal Reports
Other Resources
North Carolina Annual Comprehensive Financial Reports
Publishing Entity: Statewide Accounting staff Office of the State Controller
