TIA Data

2019 Financial State of Tennessee (Released 9/22/2020)

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

Tennessee owns more than it owes.
Tennessee's Taxpayer Surplus™ is $3,400, and it received a "B" from TIA.
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 $21.4 billion of assets available to pay the state's bills totaling $14.3 billion.
Tennessee has $7.1 billion available after bills have been paid, which breaks down to $3,400 per taxpayer.
Tennessee's reported net position is overstated by $1.1 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 Data

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

2010 Financial State of Tennessee

2009 Financial State of Tennessee

City and Other Municipal Reports

Financial State of Memphis

Financial State of Nashville

Other Resources

Tennessee Comprehensive Annual Financial Reports

Publishing Entity: Tennessee Department of Finance and Administration

Nashville’s debt hits levels not seen in a decade

FEBRUARY 15, 2021 | TENNESSEAN | by Mike Reicher, Joey Garrison

By Mike Reicher and Joey Garrison, includes “… a recent report showed the city spent one out of every $10 of government funds to pay off debt last fiscal year. And this year’s budget may exceed that figure for the first time since at least 1993. … Moody’s gives Nashville the third highest credit rating available, something Briley likes to cite whenever the subject of Metro’s financial challenges arise.”