Utah
| Utah owns more than it owes. |
| Utah has a $14,900 Taxpayer Surplus.™ |
| Utah 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. |
| Utah has $26.6 billion of assets available to pay the state's bills totaling $9.3 billion. |
| Utah has $17.2 billion available after bills have been paid, which breaks down to $14,900 per taxpayer. |
| Utah's reported net position is overstated by $784.1 million, largely because the state delays recognizing losses incurred when the net pension liability increases. |
| The state's financial report was released 175 days after its fiscal year end, which is considered timely according to the 180 day standard. |
Prior Years' TIA Reports
Other Resources
Utah Annual Comprehensive Financial Reports
Publishing Entity: Division of Finance Accounting Standards and Financial Reporting Section
