TIA Data

2016 Financial State of Nebraska (Released 5/15/2017)

2015 Financial State of Omaha (Released 1/11/2017)

 
Nebraska owns more than it owes and ranks the 5th out of the 50 states.
Nebraska's Taxpayer Surplus™ is $2,600, and received a "B" from TIA.
Nebraska 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.
Nebraska has $4.6 billion of assets available to pay the state's bills totaling $2.9 billion.
Nebraska has $1.7 billion available after bills have been paid, which breaks down to $2,600 per taxpayer.
Because of an accounting rule implemented last year, Nebraska has to report its pension debt on its balance sheet. This year, the state's reported pension debt grew from $181.7 million in 2015 to $331.3 million in 2016.
Despite the new accounting standard, Nebraska still excludes $111.1 million of pension debt from their balance sheet. This is because the state used outdated pension valuations in the preparation of its financial report.
The state's financial report was released 168 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2015 Financial State of Nebraska

2014 Financial State of Nebraska

2013 Financial State of Nebraska

Other Resources

Nebraska Comprehensive Annual Financial Reports

Publishing Entity: Nebraska Administrative Services: State Accounting

IN THE NEWS
Nebraska finances fifth best the nation; earns an A grade

SEPTEMBER 19, 2017 | TRUTH IN ACCOUNTING

These financial ‘good years’ are the time for Gov. Ricketts and the legislature to alert people that the state’s pension plans still need more than $400 million to pay promised benefits.

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