Town government · Leflore County, MS

Morgan City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), Morgan City took in $52 thousand and spent $11 thousand.

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

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Where it comes from

Federal tax money56%State tax money35%Town taxes7.7%Fines and other1.9%

What stands out

56%

of Morgan City's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes7.7%

Other taxes
7.7%$4 thousand
What's in other taxesPublic utility taxes and motor fuel taxes
  • Public utility taxes$3 thousand
  • Motor fuel taxes$1 thousand

Amounts are by Census tax category.

Federal tax money56%

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

From the federal government
56%$29 thousand

State tax money35%

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

From the state
35%$18 thousand

Fines and other1.9%

Interest, rents and other
1.9%$1 thousand

Where it goes

Housing and community development100%

What stands out

100%

of Morgan City's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Housing and community development
100%$11 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Morgan City. 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 Morgan City 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.