Truth in Accounting

Indiana

TIA Data

2022 Financial State of Indiana (Released 10/11/2023)

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Indiana owns more than it owes.
Indiana's Taxpayer Surplus™ is $2,800, and it received a "B" from TIA.
Indiana 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.
Indiana has $36.3 billion of assets available to pay the state's bills totaling $30.3 billion.
Indiana has $6 billion available after bills have been paid, which breaks down to $2,800 per taxpayer.
Indiana's reported net position is overstated by $754.8 million, largely because the state delays recognizing losses incurred when the net pension liability increases.
The state's financial report was released 183 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2021 Financial State of Indiana

2020 Financial State of Indiana

2019 Financial State of Indiana

2018 Financial State of Indiana

2017 Financial State of Indiana

2016 Financial State of Indiana

2015 Financial State of Indiana

2014 Financial State of Indiana

2013 Financial State of Indiana

2012 Financial State of Indiana

2011 Financial State of Indiana

2010 Financial State of Indiana

2009 Financial State of Indiana

City and Other Municipal Reports

Financial State of Fort Wayne

Financial State of Indianapolis

Other Resources

Indiana Annual Comprehensive Financial Reports

Publishing Entity: Auditor of State

IN THE NEWS
Financial Transparency Score 2024

APRIL 23, 2024

Truth in Accounting has once again created a transparency score for the financial reporting by state governments to encourage the publication of transparent and accurate government financial information.

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