Truth in Accounting

Ohio

TIA Data

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

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Ohio owns more than it owes.
Ohio's Taxpayer Surplus™ is $200, and it received a "B" from TIA.
Ohio 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.
Ohio has $70.4 billion of assets available to pay the state's bills totaling $69.6 billion.
Ohio has $799.2 million available after bills have been paid, which breaks down to $200 per taxpayer.
Ohio's reported net position is understated by $2 billion, largely because the state delays recognizing gains resulting from decreases in retirement liabilities.
The state's financial report was released 174 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2021 Financial State of Ohio

2020 Financial State of Ohio

2019 Financial State of Ohio

2018 Financial State of Ohio

2017 Financial State of Ohio

2016 Financial State of Ohio

2015 Financial State of Ohio

2014 Financial State of Ohio

2013 Financial State of Ohio

2012 Financial State of Ohio

2011 Financial State of Ohio

2010 Financial State of Ohio

2009 Financial State of Ohio

City and Other Municipal Reports

Financial State of Cincinnati

Financial State of Cleveland

Financial State of Columbus

Financial State of Toledo

Other Resources

Ohio Annual Comprehensive Financial Reports

Publishing Entity: Office of Budget and Management - State Accounting

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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