Truth in Accounting

Missouri

TIA Data

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

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Missouri owns more than it owes.
Missouri has a $600 Taxpayer Surplus.™
Missouri 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.
Missouri has $24.7 billion of assets available to pay the state's bills totaling $23.4 billion.
Missouri has $1.3 billion available after bills have been paid, which breaks down to $600 per taxpayer.
Missouri's reported net position is overstated by $1.1 billion, largely because the state delays recognizing losses incurred when the net pension liability increases.
The state's financial report was released 262 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2022 Financial State of Missouri

2021 Financial State of Missouri

2020 Financial State of Missouri

2019 Financial State of Missouri

2018 Financial State of Missouri

2017 Financial State of Missouri

2016 Financial State of Missouri

2015 Financial State of Missouri

2014 Financial State of Missouri

2013 Financial State of Missouri

2012 Financial State of Missouri

2011 Financial State of Missouri

2010 Financial State of Missouri

2009 Financial State of Missouri

City and Other Municipal Reports

Financial State of Kansas City

Financial State of St. Louis

Other Resources

Missouri Annual Comprehensive Financial Reports

Publishing Entity: Office of Administration

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