City government · Leake County, MS

Carthage's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2023), Carthage took in $6.3 million and spent $6.0 million.

Latest recorded year: ended September 30, 2023Comes fromGoes to

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Where it comes from

State tax money59%Fees for services (water, sewer)29%City taxes12%

What stands out

59%

of Carthage's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes12%

Property tax
9.0%$565 thousand
Other taxes
2.7%$168 thousand
What's in other taxesPublic utility taxes and motor fuel taxes
  • Public utility taxes$144 thousand
  • Motor fuel taxes$24 thousand

Amounts are by Census tax category.

Fees for services29%

Fees for services
29%$1.8 million
What's in fees for servicesWater and sewer
  • Water$977 thousand
  • Sewer$830 thousand

Amounts are by Census type of charge.

State tax money59%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
59%$3.7 million

Where it goes

Roads, transit and parking75%Police, fire, courts and jails25%Interest on debt0.2%

What stands out

75%

of Carthage's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
75%$4.5 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$4.5 million
  • Airports$5 thousand
Police, fire, courts and jails
25%$1.5 million
What's in police, fire, courts and jailsPolice and inspections and regulation
  • Police$1.5 million
  • Inspections and regulation$25 thousand
Interest on debt
0.2%$11 thousand
Sources and moreWhere these numbers come from and what they cover

City of Carthage. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended September 30, 2023.

What this covers. The money of City of Carthage 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.