Town government · Hinds County, MS
Terry's money: where it comes from and where it goes
In the latest recorded fiscal year (ended September 30, 2023), Terry took in $1.7 million and spent $1.9 million.
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Where it comes from
What stands out
of Terry's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.
Town taxes34%
What's in other taxesOccupation and business licenses and public utility taxes
- Occupation and business licenses$36 thousand
- Public utility taxes$33 thousand
Amounts are by Census tax category.
Fees for services38%
What's in fees for servicesWater and other government-run businesses
- Water$599 thousand
- Other government-run businesses$22 thousand
Amounts are by Census type of charge.
Federal tax money3.3%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money22%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.4%
Where it goes
What stands out
of Terry'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%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
- Central staff services (personnel, purchasing, technology)$405 thousand
- Other and not broken out$272 thousand
- Other government-run businesses$68 thousand
What's in water, sewer, trash and utilitiesWater supply
- Water supply$671 thousand
What's in police, fire, courts and jailsPolice and fire protection
- Police$468 thousand
- Fire protection$1 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$25 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Terry. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended September 30, 2023.
What this covers. The money of Town of Terry 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.