Town government · Pontotoc County, MS
Algoma's money: where it comes from and where it goes
In the latest recorded fiscal year (ended September 30, 2021), Algoma took in $164 thousand and spent $27 thousand.
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Where it comes from
What stands out
of Algoma's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Fees for services1.2%
What's in fees for servicesOther government-run businesses
- Other government-run businesses$2 thousand
Amounts are by Census type of charge.
State tax money96%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other3.0%
Where it goes
What stands out
of Algoma's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.
Spending by category100%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
- Central staff services (personnel, purchasing, technology)$17 thousand
- Other and not broken out$5 thousand
What's in police, fire, courts and jailsCourts and legal services and police
- Courts and legal services$4 thousand
- Police$1 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Algoma. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Town of Algoma itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.