School district · Alcorn County, MS

Corinth Municipal Sep School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Corinth Municipal Sep School District took in $36.4 million and spent $32.9 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money74%School district taxes17%Fines and other4.5%Federal tax money2.9%Fees for services (school lunches, school tuition and transportation)1.3%

What stands out

17%

of Corinth Municipal Sep School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes17%

Property tax
17%$6.2 million

Fees for services1.3%

Fees for services
1.3%$466 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$268 thousand
  • School lunches$193 thousand
  • School tuition and transportation$5 thousand

Amounts are by Census type of charge.

Federal tax money2.9%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
2.9%$1.1 million

State tax money74%

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

From the state
74%$27.1 million

Fines and other4.5%

Interest, rents and other
4.5%$1.6 million

Where it goes

Schools and colleges99%Interest on debt0.6%

Spending by category100%

Schools and colleges
99%$32.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$32.7 million
Interest on debt
0.6%$209 thousand
Sources and moreWhere these numbers come from and what they cover

Corinth Municipal Sep School District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Corinth Municipal Sep School District 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.