Houston, TX

TIA Data

2017 Houston Combined Taxpayer Burden (Released 5/14/2019)

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

Houston's Taxpayer Burden.™ is -$11,300, and received a "D" from TIA.
Houston is a Sinkhole City without enough assets to cover its debt.
Decisions by elected officials have created a Taxpayer Burden™, which is each taxpayer's share of city bills after its available assets have been tapped.
TIA's Taxpayer Burden™ measurement incorporates all assets and liabilities, including retirement obligations.
Houston only has $4.1 billion of assets available to pay bills totaling $11.5 billion.
Because Houston doesn't have enough money to pay its bills, it has a $7.4 billion financial hole. To erase this shortfall, each Houston taxpayer would have to send $11,300 to the city.
Houston's reported net position is overstated by $2.2 billion, largely because the city delays recognizing losses incurred when the net pension liability increases.
The city's financial report was released 143 days after its fiscal year end, which is considered timely according to the 180 day standard.

Prior Years' TIA Data

2016 Houston Combined Taxpayer Burden

2016 Financial State of Houston

2015 Financial State of Houston

2014 Financial State of Houston

Other Resources

Houston Comprehensive Annual Financial Reports

Publishing Entity: City of Houston Controller's Office