Stockton, CA

TIA Data

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

 
Stockton's Taxpayer Surplus.™ is $2,500, and received a "B" from TIA
Stockton 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.
Stockton has $526 million of assets available to pay the state's bills totaling $270.9 million.
Stockton has $255.1 million available after bills have been paid, which breaks down to $2,500 per taxpayer.
Stockton's reported net position is overstated by $81.1 million, largely because the city delays recognizing losses incurred when the net pension liability increases.
The city's financial report was released 184 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2016 Financial State of Stockton

Other Resources

Stockton Comprehensive Annual Financial Reports

Publishing Entity: Administrative Services Department

IN THE NEWS
Stockton ranked among top fiscally healthy cities

FEBRUARY 5, 2019 | STOCKTON RECORD | by Wes Bowers

“Stockton’s finances continue to remain at the top of the heap, according to the latest report from a national nonprofit organization that researches financial practices. … Matt Paulin, Stockton’s chief financial officer, said despite the four-spot drop, the city was just happy to be in the black on Truth in Accounting’s list. 'We’re still right up there with the highest letter grade,' he said.” 

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