Truth in Accounting

Georgia

TIA Data

2023 Financial State of Georgia (Released 10/03/2024)

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Georgia owns more than it owes.
Georgia has a $2,400 Taxpayer Surplus.™
Georgia 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.
Georgia has $53.7 billion of assets available to pay the state's bills totaling $44.9 billion.
Georgia has $8.8 billion available after bills have been paid, which breaks down to $2,400 per taxpayer.
Georgia's reported net position is overstated by $4.6 billion, largely because the state delays recognizing losses incurred when the net pension liability increases.
The state's financial report was released 215 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2022 Financial State of Georgia

2021 Financial State of Georgia

2020 Financial State of Georgia

2019 Financial State of Georgia

2018 Financial State of Georgia

2017 Financial State of Georgia

2016 Financial State of Georgia

2015 Financial State of Georgia

2014 Financial State of Georgia

2013 Financial State of Georgia

2012 Financial State of Georgia

2011 Financial State of Georgia

2010 Financial State of Georgia

2009 Financial State of Georgia

City and Other Municipal Reports

Financial State of Atlanta

Other Resources

Georgia Annual Comprehensive Financial Reports

Publishing Entity: State Accounting Office

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