Truth in Accounting

Plano, TX

TIA Data

2019 Financial State of Plano (Released 1/26/2021)

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

 
Plano's Taxpayer Surplus™ is $2,000, and it received a "B" from TIA.
Plano is a Sunshine City with enough assets to cover its debt.
Decisions by elected officials have created a Taxpayer Surplus™, which is each taxpayer's share of money available after city bills have been paid.
TIA's Taxpayer Surplus™ measurement incorporates all assets and liabilities, including retirement obligations.
Plano has $574.3 million of assets available to pay the state's bills totaling $410.3 million.
Plano has $164 million available after bills have been paid, which breaks down to $2,000 per taxpayer.
Plano's reported net position is inflated by $81.9 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 99 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2018 Financial State of Plano

2017 Financial State of Plano

2016 Financial State of Plano

Other Resources

Plano Comprehensive Annual Financial Reports

Publishing Entity: Finance Department

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