City government · Tishomingo County, MS

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

In the latest recorded fiscal year (ended September 30, 2023), Iuka took in $6.3 million and spent $5.4 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 (gas, water)57%State tax money30%City taxes9.1%Fines and other3.6%

What stands out

30%

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

City taxes9.1%

Property tax
7.8%$490 thousand
Other taxes
1.4%$87 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$75 thousand
  • Other licenses$12 thousand

Amounts are by Census tax category.

Fees for services57%

Fees for services
57%$3.6 million
What's in fees for servicesGas; water and 3 more
  • Gas$1.5 million
  • Water$1.3 million
  • Sewer$418 thousand
  • Garbage collection$274 thousand
  • Other service charges$83 thousand

Amounts are by Census type of charge.

State tax money30%

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

From the state
30%$1.9 million

Fines and other3.6%

Interest, rents and other
2.7%$173 thousand
Fines
0.8%$53 thousand

Where it goes

Water, sewer, trash and utilities54%Police, fire, courts and jails28%Running the government and other costs7.6%Roads, transit and parking4.6%Parks, recreation and libraries3.4%Interest on debt2.2%

What stands out

28%

of Iuka's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
54%$2.9 million
What's in water, sewer, trash and utilitiesGas supply; water supply and 2 more
  • Gas supply$1.6 million
  • Water supply$619 thousand
  • Sewer systems$438 thousand
  • Garbage and solid waste$224 thousand
Police, fire, courts and jails
28%$1.5 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.0 million
  • Fire protection$442 thousand
  • Courts and legal services$38 thousand
Running the government and other costs
7.6%$408 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$323 thousand
  • Finance, tax collection and budgeting$68 thousand
  • Other government-run businesses$17 thousand
Roads, transit and parking
4.6%$249 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$249 thousand
Parks, recreation and libraries
3.4%$183 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$103 thousand
  • Libraries$80 thousand
Interest on debt
2.2%$119 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$108 thousand
  • Interest on general debt$11 thousand
Sources and moreWhere these numbers come from and what they cover

City of Iuka. 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 Iuka 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.