Tampa, FL

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TIA Data

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

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Tampa owns more than it owes.
Tampa has a $3,400 Taxpayer Surplus.™
Tampa is a Sunshine City with enough assets to cover its debt.
Decisions by elected officials have created a Taxpayer Surplus™, which is each taxpayer's share of money available after city bills have been paid.
TIA's Taxpayer Surplus™ measurement incorporates all assets and liabilities, including retirement obligations.
Tampa has $1.5 billion of assets available to pay the state's bills totaling $1 billion.
Tampa has $505.5 million available after bills have been paid, which breaks down to $3,400 per taxpayer.
Tampa's reported net position is inflated by $429.2 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 165 days after its fiscal year end, which is considered timely according to the 180 day standard.

IN THE NEWS
Report: Tampa’s financial condition is fourth best nationally

FEBRUARY 28, 2025 | THE CAPITOLIST

Out of the four Florida cities, two of them had taxpayer surpluses (Orlando and Tampa) and two (Jacksonville and Miami) had burdens.  The report authors said Tampa rose from 12th in last year’s rankings due to reductions in its pension liabilities thanks to a strong rebound for its investments.

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