Santa Ana, CA

TIA Data

2017 Financial State of Santa Ana (Released 1/29/2019)

 
Santa Ana's Taxpayer Burden.™ is -$5,100, and received a "D" from TIA.
Santa Ana 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.
Santa Ana only has $296.2 million of assets available to pay bills totaling $855.7 million.
Because Santa Ana doesn't have enough money to pay its bills, it has a $559.5 million financial hole. To erase this shortfall, each Santa Ana taxpayer would have to send $5,100 to the city.
The city is still hiding $104.5 million of pension and retiree health care liabilities from its balance sheet.
The city's financial report was released 165 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2016 Financial State of Santa Ana

Other Resources

Santa Ana Comprehensive Annual Financial Reports

Publishing Entity: Finance and Management Services

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