TIA Data

2017 Financial State of Nebraska (Released 9/25/2018)

Nebraska owns more than it owes.
Nebraska has a $1,800 Taxpayer Surplus.™
Nebraska is a Sunshine State with enough assets to cover its debt.
Elected officials have created a Taxpayer Surplus™, which is each taxpayer's share of money available after state bills have been paid.
TIA's Taxpayer Surplus™ measurement incorporates both assets and liabilities, not just pension debt.
Nebraska has $4.3 billion of assets available to pay the state's bills totaling $3.1 billion.
Nebraska has $1.2 billion available after bills have been paid, which breaks down to $1,800 per taxpayer.
Nebraska's reported net position is inflated by $160.7 million, largely because the state defers recognizing losses incurred when the net pension liability increases.
Despite a recently implemented accounting standard meant to increase transparency, Nebraska still excludes $55.8 million of pension debt from its balance sheet.
The state's financial report was released 167 days after its fiscal year end, which is considered timely according to the 180 day standard.

Prior Years' TIA Data

2016 Financial State of Omaha

2016 Financial State of Nebraska

2016 Financial State of Lincoln

2015 Financial State of Nebraska

2014 Financial State of Nebraska

2013 Financial State of Nebraska

Other Resources

Nebraska Comprehensive Annual Financial Reports

Publishing Entity: Nebraska Administrative Services: State Accounting

Watchdog group questions OPS on pension gap


“… Kagan believes the OPS board will try to get the money needed from the pension from taxpayers. 'They’re looking to either make up this unfunded portion of the pension plan through either another bond issue or property tax hike, and we would oppose both of those,' Kagan said. Kagan would like to see budget cuts make up for the pension shortfall, but he might get opposition from the classrooms on that suggestion.”