North Carolina : State Data and Comparisons : Data-Z

TIA Data

2022 Financial State of North Carolina (Released 10/11/2023)

Use Create Your Own State Chart to see additional financial, demographic and economic data for this and other states

North Carolina owns more than it owes.

North Carolina's Taxpayer Surplus™ is $3,900, and it received a "B" from TIA.

North Carolina 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.

North Carolina has $60.5 billion of assets available to pay the state's bills totaling $47.4 billion.

North Carolina has $13.2 billion available after bills have been paid, which breaks down to $3,900 per taxpayer.

North Carolina's reported net position is understated by $1.3 billion, largely because the state delays recognizing gains resulting from decreases in retirement liabilities.

The state's financial report was released 158 days after its fiscal year end, which is considered timely according to the 180 day standard.

Prior Years' TIA Data

2021 Financial State of North Carolina

2020 Financial State of North Carolina

2019 Financial State of North Carolina

2018 Financial State of North Carolina

2017 Financial State of North Carolina

2016 Financial State of North Carolina

2015 Financial State of North Carolina

2014 Financial State of North Carolina

2013 Financial State of North Carolina

2012 Financial State of North Carolina

2011 Financial State of North Carolina

2010 Financial State of North Carolina

2009 Financial State of North Carolina

City and Other Municipal Reports

Financial State of Charlotte

Financial State of Greensboro

Financial State of Raleigh

Other Resources

North Carolina Annual Comprehensive Financial Reports

Publishing Entity: Office of the State Controller

IN THE NEWS

Financial State of the States 2022

North Carolina’s Major Cities in Good Financial Shape

New study measures financial transparency among state governments

Financial Transparency Score 2021

Is it bad that NC’s government has not passed its biennial budget since 2017?

Yes, government can be shrunk

NC has run up less taxpayer debt than most states, financial watchdog says