US Published National Debt
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The Truth
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Each Taxpayer's Share: $689,000
Financial Transparency Score Report
New TIA analysis issues scores to all 50 states based on how transparent they are with their finances.
Bill's Blog
Bill Bergman serves as TIA's Director of Research. He is responsible for managing TIA's federal project and State Data Lab's data base. Bergman spent 13 years as an economist and policy analyst at the Federal Reserve Bank of Chicago.
New: Financial State of the States 2018
Click here to read Truth in Accounting's newest Financial State of the States report.
The Financial State of the 3 Largest U.S. Cities
See the financial condition of New York City, Los Angeles and Chicago.
State Data Lab
Compare all 50 states and the 75 most populous cities using more than 300 unique data variables.
Report ranks New Mexico very low in financial transparency
December 7, 2018
KRWG Radio (NPR)
A recent report by Truth In Accounting ranks New Mexico low when it comes to financial transparency. Sheila Weinberg, Founder and CEO of Truth In Accounting shares why the state scored one of the lowest in the country.
Connecticut ranked 49th for fiscal health
December 6, 2018
Yankee Institute for Public Policy
Governor-elect Ned Lamont will face a daunting task when he and fellow Democratic lawmakers assume full control of the state’s finances in January, according to a newly released report by Truth in Accounting.
2018 Awards
December 6, 2018
City of Irvine, California
The City of Irvine in 2018, for a second straight year, has been ranked No. 1 in fiscal strength. The Truth in Accounting ranking of America’s 75 largest cities calculated the funds that would be left over after the bills are paid. Irvine was given a surplus score of $5,200 per taxpayer, earning the distinction as the most fiscally healthy large city in the United States. Truth in Accounting is a nonprofit that looks at public agencies’ fiscal practices.
Report: Iowa pension fund has $6.8 billion in unfunded liabilities
December 10, 2018
Daily Iowegian (Iowa)
The study released Thursday by a consulting firm said the Iowa Public Employees' Retirement System's long-term unfunded liabilities will likely grow to $7 billion over the next five years, The Des Moines Register reported. The unfunded liabilities will then begin to gradually decline and fully disappear by 2046, according to the study's predictions.
Paul Ryan’s long con
December 10, 2018
Vox
That’s the increase between the deficit for fiscal year 2015 and fiscal year 2018— that is, the difference between the fiscal year before Ryan became speaker of the House and the fiscal year in which he retired.
IPSASB approves landmark social benefits accounting standard
December 6, 2018
Public Finance International
The International Public Sector Accounting Standards Board has reached a “major milestone”, approving the standard on accounting for social benefits after 16 years of discussion.
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