Charlotte, NC

TIA Data

2017 Financial State of Charlotte (Released 1/29/2019)

 
Charlotte's Taxpayer Surplus.™ is $3,400, and received a "B" from TIA
Charlotte 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.
Charlotte has $2.6 billion of assets available to pay the state's bills totaling $1.8 billion.
Charlotte has $861.8 million available after bills have been paid, which breaks down to $3,400 per taxpayer.
Charlotte's reported net position is overstated by $426.1 million, largely because the city delays recognizing losses incurred when the net pension liability increases.
The city's financial report was released 123 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2016 Financial State of Charlotte

2015 Financial State of Charlotte

Other Resources

Charlotte Comprehensive Annual Financial Reports

Publishing Entity: City of Charlotte Finance Department

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