Stockton, CA

2016 Financial State of Stockton (Released 1/24/2018)

Stockton's Taxpayer Surplus™ is $3,000, and it received a "B" from TIA.
Stockton is a Sunshine City with enough assets to cover its debt.
Decisions by elected officials have led to a Taxpayer Surplus™, which is each taxpayer's share of money available after state bills have been paid.
TIA's Taxpayer Surplus™ measurement accounts for all assets and liabilities, including pension and retiree healthcare debt.
Stockton has $433.3 million of assets available to pay the state's bills totaling $135.3 million.
Stockton has $298 million available after bills have been paid, which breaks down to $3,000 per taxpayer.
Unlike most city governments, Stockton reports all of its retirement obligations on its balance sheet.
The city's financial report was released 184 days after its fiscal year end, which is considered untimely according to the 180 day standard.

Other Resources

Stockton Comprehensive Annual Financial Reports

Publishing Entity: Administrative Services Department