TIA Data

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

Oregon owns more than it owes.
Oregon has a $1,000 Taxpayer Surplus.™
Oregon 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.
Oregon has $21.4 billion of assets available to pay the state's bills totaling $20.1 billion.
Oregon has $1.4 billion available after bills have been paid, which breaks down to $1,000 per taxpayer.
Oregon's reported net position is inflated by $2.5 billion, largely because the state defers recognizing losses incurred when the net pension liability increases.
The state is still hiding $33.7 million of its retiree health care debt. A new accounting standard will be implemented in the 2018 fiscal year which will require states to report this debt on the balance sheet.
The state's financial report was released 173 days after its fiscal year end, which is considered timely according to the 180 day standard.

Prior Years' TIA Data

2016 Financial State of Oregon

2016 Financial State of Portland

2015 Financial State of Oregon

2014 Financial State of Oregon

2013 Financial State of Oregon

Other Resources

Oregon Comprehensive Annual Financial Reports

Publishing Entity: Accounting and Reporting Service

PERS: Pension cost problems will get worse in 2021, actuary says

DECEMBER 10, 2018 | THE OREGONIAN | by Ted Sickinger

The Public Employee Retirement System’s chief number cruncher, actuary Milliman Inc., delivers projections to the PERS Board once a year detailing what the system’s funded status, unfunded liability and employers’ costs will look like under various investment return scenarios.