Town government · Smith County, MS

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

In the latest recorded fiscal year (ended September 30, 2021), Taylorsville took in $2.5 million and spent $2.0 million.

Latest recorded year: ended September 30, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (water, sewer)31%Federal tax money26%Town taxes20%State tax money16%Fines and other5.8%

What stands out

26%

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

Town taxes20%

Property tax
17%$424 thousand
Other taxes
3.7%$94 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$87 thousand
  • Other licenses$7 thousand

Amounts are by Census tax category.

Fees for services31%

Fees for services
31%$791 thousand
What's in fees for servicesWater and sewer
  • Water$399 thousand
  • Sewer$392 thousand

Amounts are by Census type of charge.

Federal tax money26%

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

From the federal government
26%$666 thousand

State tax money16%

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

From the state
16%$415 thousand

Fines and other5.8%

Interest, rents and other
4.5%$114 thousand
Fines
1.3%$34 thousand

Where it goes

Water, sewer, trash and utilities33%Police, fire, courts and jails27%Running the government and other costs19%Roads, transit and parking18%Parks, recreation and libraries1.7%Interest on debt0.6%

What stands out

27%

of Taylorsville'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
33%$677 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$340 thousand
  • Water supply$245 thousand
  • Garbage and solid waste$92 thousand
Police, fire, courts and jails
27%$540 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$270 thousand
  • Police$270 thousand
Running the government and other costs
19%$389 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$389 thousand
Roads, transit and parking
18%$372 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$372 thousand
Parks, recreation and libraries
1.7%$34 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$34 thousand
Interest on debt
0.6%$13 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$8 thousand
  • Interest on water supply debt$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Taylorsville. 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 Town of Taylorsville 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.