Tennessee
| Tennessee owns more than it owes. |
| Tennessee has a $10,900 Taxpayer Surplus.™ |
| Tennessee 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. |
| Tennessee has $46.8 billion of assets available to pay the state's bills totaling $21.5 billion. |
| Tennessee has $25.3 billion available after bills have been paid, which breaks down to $10,900 per taxpayer. |
| Tennessee's reported net position is overstated by $1.8 billion, largely because the state delays recognizing losses incurred when the net pension liability increases. |
| The state's financial report was released 170 days after its fiscal year end, which is considered timely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of Tennessee
2022 Financial State of Tennessee
2021 Financial State of Tennessee
2020 Financial State of Tennessee
2019 Financial State of Tennessee
2018 Financial State of Tennessee
2017 Financial State of Tennessee
2016 Financial State of Tennessee
2015 Financial State of Tennessee
2014 Financial State of Tennessee
2013 Financial State of Tennessee
2012 Financial State of Tennessee
2011 Financial State of Tennessee
City and Municipal Reports
Other Resources
Tennessee Annual Comprehensive Financial Reports
Publishing Entity: Tennessee Department of Finance and Administration
