Anaheim : State Data and Comparisons : Data-Z

Anaheim, CA

TIA Data

2023 Financial State of Anaheim (Released 02/27/2024)

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Anaheim owes more than it owns.

Anaheim has a -$5,100 Taxpayer Burden.™

Anaheim 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.

Anaheim only has $1.4 billion of assets available to pay bills totaling $2.1 billion.

Because Anaheim doesn't have enough money to pay its bills, it has a -$663.7 million financial hole. To erase this shortfall, each Anaheim taxpayer would have to send -$5,100 to the city.

Anaheim's reported net position is inflated by $292.5 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.

The city's financial report was released 175 days after its fiscal year end, which is considered timely according to the 180 day standard.