City government · Alcorn County, MS

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

In the latest recorded fiscal year (ended September 30, 2023), Corinth took in $229 million and spent $215 million.

Latest recorded year: ended September 30, 2023Comes from Goes to

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Where it comes from

Fees for services (hospital bills, gas)85%State tax money9.5%Fines and other2.5%City taxes1.8%Federal tax money0.7%

What stands out

85%

of Corinth's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

City taxes1.8%

Property tax

1.6%$3.6 million

Other taxes

0.3%$575 thousand

What's in other taxesPublic utility taxes and other licenses

Public utility taxes$415 thousand
Other licenses$160 thousand

Amounts are by Census tax category.

Fees for services85%

Fees for services

85%$196 million

What's in fees for servicesHospital bills; gas and 4 more

Hospital bills$178 million
Gas$6.9 million
Water$4.9 million
Sewer$4.7 million
Garbage collection$1.7 million
Other service charges$34 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government

0.7%$1.6 million

State tax money9.5%

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

From the state

9.5%$21.9 million

Fines and other2.5%

Interest, rents and other

2.3%$5.3 million

Fines

0.2%$492 thousand

Where it goes

Health and hospitals78%Water, sewer, trash and utilities10%Running the government and other costs4.1%Police, fire, courts and jails3.5%Roads, transit and parking2.2%All other spending2.3%

What stands out

78%

of Corinth's spending goes to health services and hospitals.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Health and hospitals

78%$167 million

What's in health and hospitalsHospitals

Hospitals$167 million

Water, sewer, trash and utilities

10%$21.4 million

What's in water, sewer, trash and utilitiesWater supply; gas supply and 2 more

Water supply$9.9 million
Gas supply$7.0 million
Sewer systems$2.5 million
Garbage and solid waste$2.1 million

Running the government and other costs

4.1%$8.8 million

What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more

Other and not broken out$6.4 million
Central staff services (personnel, purchasing, technology)$1.8 million
Finance, tax collection and budgeting$381 thousand
Government buildings$203 thousand

Police, fire, courts and jails

3.5%$7.5 million

What's in police, fire, courts and jailsPolice; fire protection and 1 more

Police$5.0 million
Fire protection$2.4 million
Courts and legal services$178 thousand

Roads, transit and parking

2.2%$4.8 million

What's in roads, transit and parkingRoads and highways

Roads and highways$4.8 million

Interest on debt

2.1%$4.4 million

What's in interest on debtInterest on general debt and interest on water supply debt

Interest on general debt$4.0 million
Interest on water supply debt$454 thousand

Sent to other local governments

0.2%$363 thousand

What's in sent to other local governmentsSent to local governments: other and not broken out

Sent to local governments: other and not broken out$363 thousand

Parks, recreation and libraries

<0.1%$159 thousand

What's in parks, recreation and librariesLibraries

Libraries$159 thousand

Sources and moreWhere these numbers come from and what they cover

City of Corinth. 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 Corinth 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.