SNAPSHOT BY THE NUMBERS
- Long Beach's Bills Exceed Its Assets
- Assets * $10,056
- Less: Capital Assets * $6,221
- Restricted Assets * $880
- Assets Available to Pay Bills * $2,955
- Less: Bills * $3,215
- Money Available (Needed) to Pay Bills * ($260)
- Each Taxpayer's Surplus (Burden) ($1,700)
- The Bills Long Beach has Accumulated
- State Bonds * $1,752
- Other Liabilities * $2,234
- Less: Debt Related to Capital Assets * $2,114
- Unfunded Pension Benefits * $1,340
- Unfunded Retirees' Health Care Benefits * $4
- Bills * $3,215