Truth in Accounting

Utah

TIA Data

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

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

 
Utah owns more than it owes.
Utah's Taxpayer Surplus™ is $12,700, and it received an "A" from TIA.
Utah 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.
Utah has $19.2 billion of assets available to pay the state's bills totaling $6.1 billion.
Utah has $13.2 billion available after bills have been paid, which breaks down to $12,700 per taxpayer.
Utah's reported net position is understated by $771.6 million, largely because the state delays recognizing gains resulting from decreases in retirement liabilities.
The state's financial report was released 167 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2021 Financial State of Utah

2020 Financial State of Utah

2019 Financial State of Utah

2018 Financial State of Utah

2017 Financial State of Utah

2016 Financial State of Utah

2015 Financial State of Utah

2014 Financial State of Utah

2013 Financial State of Utah

2012 Financial State of Utah

2011 Financial State of Utah

2010 Financial State of Utah

2009 Financial State of Utah

Other Resources

Utah Annual Comprehensive Financial Reports

Publishing Entity: Utah Office of State Treasurer

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.

COMPARE THIS DATA WITH OTHER STATES    VIEW MORE CHART TOOLS

VIEW LESS