2015 Data (Released 09/19/2016)

Financial State of Texas

Financial State of Dallas

Financial State of Houston

Financial State of San Antonio

Texas owes more than it owns
At -$7,700, Texas's “Taxpayer's Burden” ranks 28th out of the 50 states
Texas is among 40 “Sinkhole States” without enough assets to cover its debt
Elected officials have created a Taxpayer Burden, which is each taxpayer's share of state bills after its assets available have been tapped
TIA's Taxpayer Burden measurement incorporates both assets and liabilities, not just pension debt
Texas has only $77.3 billion of assets available to pay bills totaling $137 billion
To fill the $59.7 billion financial hole each Texas taxpayer would have to send $7,700 to the state
Because of a new accounting rule, Texas now has to report its pension debt on its balance sheet. As a result, the state's reported pension debt grew from $5.4 billion in 2014 to $35.9 billion in 2015. However, the state is still hiding $6 billion of pension debt from taxpayers.
The state's financial report was released 182 days after its fiscal year end, which is considered untimely according to the 180 day goal

Prior Years' TIA Data

2014 Financial State of Texas

2013 Financial State of Texas

Other Resources

Texas Comprehensive Annual Financial Reports

Publishing Entity: Texas Transparency