Town government · Coahoma County, MS

Friars Point's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), Friars Point took in $1.3 million and spent $791 thousand.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

State tax money64%Town taxes19%Fees for services (water)16%Fines and other<0.1%

What stands out

64%

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

Town taxes19%

Property tax
18%$236 thousand
Other taxes
1.8%$24 thousand
What's in other taxesOther licenses; motor fuel taxes and 2 more
  • Other licenses$18 thousand
  • Motor fuel taxes$4 thousand
  • Alcoholic beverage licenses$1 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services16%

Fees for services
16%$215 thousand
What's in fees for servicesWater
  • Water$215 thousand

Amounts are by Census type of charge.

State tax money64%

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

From the state
64%$861 thousand

Fines and other<0.1%

Fines
<0.1%$1 thousand

Where it goes

Running the government and other costs42%Water, sewer, trash and utilities36%Police, fire, courts and jails20%Interest on debt0.9%

What stands out

42%

of Friars Point'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%

Running the government and other costs
42%$334 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$137 thousand
  • Other and not broken out$111 thousand
  • Central staff services (personnel, purchasing, technology)$86 thousand
Water, sewer, trash and utilities
36%$288 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$288 thousand
Police, fire, courts and jails
20%$162 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$148 thousand
  • Courts and legal services$14 thousand
Interest on debt
0.9%$7 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Friars Point. 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 Friars Point 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.