Truth in Accounting

Stockton, CA

TIA Data

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

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

 
Stockton's Taxpayer Surplus™ is $3,000, and it received a "B" from TIA.
Stockton 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.
Stockton has $610.7 million of assets available to pay the state's bills totaling $310.9 million.
Stockton has $299.8 million available after bills have been paid, which breaks down to $3,000 per taxpayer.
Stockton's reported net position is inflated by $96.8 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 150 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2018 Financial State of Stockton

2017 Financial State of Stockton

2016 Financial State of Stockton

Other Resources

Stockton Comprehensive Annual Financial Reports

Publishing Entity: Administrative Services Department

IN THE NEWS
Career detour

FEBRUARY 10, 2021 | COMSTOCK’S (CALIFORNIA) | by Editorial

Includes “Michael Tubbs losing his Stockton mayoral reelection bid didn’t make anyone’s 2020 top 10 tragedies list. … The unions contributed significantly to Lincoln’s campaign … Six years after filing for bankruptcy, Truth in Accounting in 2018 ranked Stockton as the second most fiscally solvent city among the 75 most populated cities in the nation.”  

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