Truth in Accounting
Oklahoma

TIA Data

2021 Financial State of Oklahoma (Released 10/25/2022)

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Oklahoma owns more than it owes.
Oklahoma's Taxpayer Surplus™ is $5,200, and it received a "B" from TIA.
Oklahoma 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.
Oklahoma has $17.6 billion of assets available to pay the state's bills totaling $11.9 billion.
Oklahoma has $5.7 billion available after bills have been paid, which breaks down to $5,200 per taxpayer.
Oklahoma's reported net position is overstated by $1.3 billion, largely because the state delays recognizing losses incurred when the net pension liability increases.
The state's financial report was released 209 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2020 Financial State of Oklahoma

2019 Financial State of Oklahoma

2018 Financial State of Oklahoma

2017 Financial State of Oklahoma

2016 Financial State of Oklahoma

2015 Financial State of Oklahoma

2014 Financial State of Oklahoma

2013 Financial State of Oklahoma

2012 Financial State of Oklahoma

2011 Financial State of Oklahoma

2010 Financial State of Oklahoma

2009 Financial State of Oklahoma

City and Other Municipal Reports

Financial State of Oklahoma City

Financial State of Tulsa

Other Resources

Oklahoma Comprehensive Annual Financial Reports

Publishing Entity: Office of the State Auditor & Inspector

IN THE NEWS

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