Henderson : State Data and Comparisons : Data-Z

Henderson, NV

TIA Data

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

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Henderson owes more than it owns.

Henderson has a -$1,200 Taxpayer Burden.™

Henderson 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.

Henderson only has $822.9 million of assets available to pay bills totaling $983 million.

Because Henderson doesn't have enough money to pay its bills, it has a -$160.1 million financial hole. To erase this shortfall, each Henderson taxpayer would have to send -$1,200 to the city.

Henderson's reported net position is inflated by $208.8 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.

The city's financial report was released 167 days after its fiscal year end, which is considered timely according to the 180 day standard.