Ohio

TIA Data

2018 Financial State of Ohio (Released 9/24/2019)

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

 
Ohio owes more than it owns.
Ohio's Taxpayer Burden™ is -$6,600, and it received a "D" from TIA.
Ohio is a Sinkhole State without enough assets to cover its debt.
Elected officials have created a Taxpayer Burden™, which is each taxpayer's share of state bills after its available assets have been tapped.
TIA's Taxpayer Burden™ measurement incorporates both assets and liabilities, not just pension debt.
Ohio only has $50.4 billion of assets available to pay bills totaling $77 billion.
Because Ohio doesn't have enough money to pay its bills, it has a $26.6 billion financial hole. To fill it, each Ohio taxpayer would have to send $6,600 to the state.
Ohio's reported net position is inflated by $5 billion, largely because the state defers recognizing losses incurred when the net pension liability increases.
The state's financial report was released 174 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of Ohio

2016 Financial State of Ohio

2015 Financial State of Ohio

2014 Financial State of Ohio

2013 Financial State of Ohio

2012 Financial State of Ohio

2011 Financial State of Ohio

2010 Financial State of Ohio

2009 Financial State of Ohio

City and Other Municipal Reports

Financial State of Cincinnati

Financial State of Cleveland

Financial State of Columbus

Financial State of Toledo

Other Resources

Ohio Comprehensive Annual Financial Reports

Publishing Entity: Office of Budget and Management

IN THE NEWS
Ohio’s public pension funds turn to outside lobbyists for clout

NOVEMBER 4, 2019 | DAYTON DAILY NEWS (OHIO) | by Laura Bischoff

Ohio’s four largest public pension systems, which control $200 billion on behalf of 1.9 million workers and retirees, are paying more than $407,000 a year for outside lobbyists to make their cases with state lawmakers and federal officials, public records show.

VIEW LESS