Town government · Covington County, MS

Mount Olive's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), Mount Olive took in $406 thousand.

Latest recorded year: ended September 30, 2021Comes from

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Where it comes from

Fees for services (water)51%Town taxes47%Fines and other2.2%

What stands out

32%

of Mount Olive's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

Town taxes47%

Other taxes
32%$131 thousand
What's in other taxesOther selective sales taxes; other licenses and 2 more
  • Other selective sales taxes$120 thousand
  • Other licenses$6 thousand
  • Motor fuel taxes$3 thousand
  • Public utility taxes$2 thousand

Amounts are by Census tax category.

Property tax
15%$60 thousand

Fees for services51%

Fees for services
51%$206 thousand
What's in fees for servicesWater
  • Water$206 thousand

Amounts are by Census type of charge.

Fines and other2.2%

Interest, rents and other
2.2%$9 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Mount Olive. 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 Mount Olive 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.