Ohio

TIA Data

2020 Financial State of Ohio (Released 9/28/2021)

Use Create Your Own State Chart to see additional financial, demographic and economic data for this and other states

 
Ohio owes more than it owns.
Ohio's Taxpayer Burden™ is -$5,400, and it received a "D" from TIA.
Ohio is a Sinkhole State without enough assets to cover its debt.
Elected officials have created a Taxpayer Burden™, which is each taxpayer's share of state bills after its available assets have been tapped.
TIA's Taxpayer Burden™ measurement incorporates both assets and liabilities, not just pension debt.
Ohio only has $54.3 billion of assets available to pay bills totaling $75 billion.
Because Ohio doesn't have enough money to pay its bills, it has a $20.7 billion financial hole. To fill it, each Ohio taxpayer would have to send $5,400 to the state.
Ohio's reported net position is overstated by $2.6 billion, largely because the state delays recognizing losses incurred when the net pension liability increases.
The state's financial report was released 181 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2019 Financial State of Ohio

2018 Financial State of Ohio

2017 Financial State of Ohio

2016 Financial State of Ohio

2015 Financial State of Ohio

2014 Financial State of Ohio

2013 Financial State of Ohio

2012 Financial State of Ohio

2011 Financial State of Ohio

2010 Financial State of Ohio

2009 Financial State of Ohio

City and Other Municipal Reports

Financial State of Cincinnati

Financial State of Cleveland

Financial State of Columbus

Financial State of Toledo

Other Resources

Ohio Comprehensive Annual Financial Reports

Publishing Entity: Office of Budget and Management - State Accounting

IN THE NEWS
Police, firefighters want Ohio’s communities to pay more toward their pension system

DECEMBER 3, 2021 | THE COLUMBUS DISPATCH (OHIO) | by Laura Bischoff

By Laura Bischoff, includes “The Ohio Police & Fire Pension Fund is asking lawmakers to boost how much local governments pay into cops and firefighters' retirement system – a move that could cost those communities hundreds of millions of dollars. … He added, ‘Employers should pay their fair share and the time to act is now while local governments are in a strong financial position.’ … ”

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