Financial Transparency Score 2019

From Truth in Accounting, November 19, 2019

Truth in Accounting has released a new report that scores each state government based on how transparent they are to the public about their finances.

TIA’s “Financial Transparency Score” analysis takes into account a range of transparency indicators, from whether a state used an independent auditor to examine its comprehensive annual financial report to how accessible these reports are online. The criteria used to calculate a state's score adheres to best practices in private-sector accounting.

While no state earned a perfect score of 100, three states tied for first place in fiscal transparency with a score of 88. Connecticut ranked last in the nation, earning a score of 50.

Hawaii ranks 20th with an overall score of 84/100 (details)

PDF: **Click here to download the full report**