Truth in Accounting

Sacramento, CA

TIA Data

2022 Financial State of Sacramento (Released 2/15/2024)

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

 
Sacramento owns more than it owes.
Sacramento's Taxpayer Surplus™ is $300, and it received a "B" from TIA.
Sacramento 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.
Sacramento has $1.4 billion of assets available to pay the state's bills totaling $1.4 billion.
Sacramento has $53.8 million available after bills have been paid, which breaks down to $300 per taxpayer.
Sacramento's reported net position is understated by $192.6 million, largely because the city defers recognizing gains resulting from decreases in retirement liabilities.
The city'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

2021 Financial State of Sacramento

2020 Financial State of Sacramento

2019 Financial State of Sacramento

2018 Financial State of Sacramento

2017 Financial State of Sacramento

2016 Financial State of Sacramento

2015 Financial State of Sacramento

Other Resources

Sacramento Annual Comprehensive Financial Reports

Publishing Entity: City of Sacramento Department of Finance

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