City government · Chickasaw County, MS
Okolona's money: where it comes from and where it goes
In the latest recorded fiscal year (ended September 30, 2021), Okolona took in $13.1 million and spent $11.8 million.
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Where it comes from
What stands out
of Okolona's 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 taxes0.9%
What's in other taxesOccupation and business licenses
- Occupation and business licenses$3 thousand
Amounts are by Census tax category.
Fees for services98%
What's in fees for servicesElectric power; gas and 3 more
- Electric power$11.6 million
- Gas$828 thousand
- Sewer$182 thousand
- Water$176 thousand
- Garbage collection$47 thousand
Amounts are by Census type of charge.
State tax money1.3%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Okolona's 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%
What's in water, sewer, trash and utilitiesElectric power
- Electric power$11.8 million
Sources and moreWhere these numbers come from and what they cover
City of Okolona. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of City of Okolona 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.