City government · Marshall County, MS

Holly Springs's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2023), Holly Springs took in $45.4 million and spent $47.4 million.

Latest recorded year: ended September 30, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, gas)79%State tax money7.7%County and local tax money7.4%City taxes4.4%Fines and other1.4%Federal tax money0.2%

What stands out

79%

of Holly Springs' money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes4.4%

Property tax
4.3%$1.9 million
Other taxes
<0.1%$45 thousand
What's in other taxesOther licenses
  • Other licenses$45 thousand

Amounts are by Census tax category.

Fees for services79%

Fees for services
79%$35.9 million
What's in fees for servicesElectric power; gas and 5 more
  • Electric power$29.0 million
  • Gas$3.2 million
  • Water$1.9 million
  • Sewer$1.2 million
  • Other service charges$637 thousand
  • Parks and recreation$29 thousand
  • Other government-run businesses$14 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$86 thousand

State tax money7.7%

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

From the state
7.7%$3.5 million

County and local tax money7.4%

Money passed on by the county or other local governments.

From the county and other local governments
7.4%$3.4 million

Fines and other1.4%

Interest, rents and other
1.1%$483 thousand
Fines
0.3%$131 thousand

Where it goes

Water, sewer, trash and utilities80%Running the government and other costs9.7%Police, fire, courts and jails5.6%Roads, transit and parking2.7%Interest on debt1.0%All other spending1.1%

What stands out

80%

of Holly Springs' spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
80%$37.8 million
What's in water, sewer, trash and utilitiesElectric power; gas supply and 3 more
  • Electric power$31.6 million
  • Gas supply$2.6 million
  • Water supply$2.2 million
  • Sewer systems$938 thousand
  • Garbage and solid waste$431 thousand
Running the government and other costs
9.7%$4.6 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other government-run businesses and 1 more
  • Central staff services (personnel, purchasing, technology)$4.0 million
  • Other government-run businesses$424 thousand
  • Other and not broken out$224 thousand
Police, fire, courts and jails
5.6%$2.7 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.6 million
  • Fire protection$1.1 million
Roads, transit and parking
2.7%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Interest on debt
1.0%$482 thousand
What's in interest on debtInterest on electric power debt; interest on general debt and 2 more
  • Interest on electric power debt$142 thousand
  • Interest on general debt$127 thousand
  • Interest on gas supply debt$122 thousand
  • Interest on water supply debt$91 thousand
Sent to other local governments
0.5%$239 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$239 thousand
Housing and community development
0.4%$177 thousand
Parks, recreation and libraries
0.2%$114 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$114 thousand
Health and hospitals
<0.1%$4 thousand
What's in health and hospitalsPublic health
  • Public health$4 thousand
Sources and moreWhere these numbers come from and what they cover

City of Holly Springs. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended September 30, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Holly Springs 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.