Las Vegas : State Data and Comparisons : Data-Z

Las Vegas, NV

TIA Data

2022 Financial State of Las Vegas (Released 2/15/2024)

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

Las Vegas owes more than it owns.

Las Vegas' Taxpayer Burden™ is -$500, and it received a "C" from TIA.

Las Vegas is a Sinkhole City without enough assets to cover its debt.

Decisions by elected officials have created a Taxpayer Burden™, which is each taxpayer's share of city bills after its available assets have been tapped.

TIA's Taxpayer Burden™ measurement incorporates all assets and liabilities, including retirement obligations.

Las Vegas only has $1.2 billion of assets available to pay bills totaling $1.3 billion.

Because Las Vegas doesn't have enough money to pay its bills, it has a -$102.7 million financial hole. To erase this shortfall, each Las Vegas taxpayer would have to send -$500 to the city.

Las Vegas's reported net position is understated by $107.9 million, largely because the city defers recognizing gains resulting from decreases in retirement liabilities.

The city's financial report was released 222 days after its fiscal year end, which is considered untimely according to the 180 day standard.

Prior Years' TIA Data

2021 Financial State of Las Vegas

2020 Financial State of Las Vegas

2019 Financial State of Las Vegas

2018 Financial State of Las Vegas

2017 Financial State of Las Vegas

2016 Financial State of Las Vegas

2015 Financial State of Las Vegas

Other Resources

Las Vegas Annual Comprehensive Financial Reports

Publishing Entity: Finance Department