Budget Explorer · State of Mississippi

Where the money comes from, and where it goes

Comparable revenue, spending, and debt for Mississippi's state government, on the same Census classification used for all fifty states and every city and county in the Library. Transfers to local governments and school districts are broken out, since for most states they are the single largest line. Latest year: FY ending Jun 30, 2024.

Audited actuals · Census classification · 2.94M residents

Total revenue

$27.8B

$9,446 per resident

Total spending

$27.7B

$9,422 per resident

Spending per resident

$9,422

47th percentile of 50

Debt outstanding

$7.70B

$2,618 per resident · 41st percentile of 50

Own-source share

58%

15th percentile of 50

Capital share

6%

43rd percentile of 50

Where the money comes from

$27.8B total

Own-source revenue (taxes, charges, interest) versus aid from other governments. Utility and trust revenue are shown alongside general revenue but run on their own books.

  • Property tax$30M0%
  • General sales tax$5.07B18%
  • Selective sales taxes$1.77B6%
  • Income taxes$3.05B11%
  • License & other taxes$681M2%
  • Federal aid$11.4B41%
  • State & local aid$45M0%
  • Charges & fees$3.07B11%
  • Interest, fines, other$2.03B7%
  • Liquor & insurance trust$627M2%

Own-source share of general revenue 58% · federal aid 42% · property tax is 0% of taxes

Where it goes

$27.7B total

Current operations plus capital outlay, grouped by Census function. Interest on debt and transfers to other governments are broken out so they are not hidden inside services.

  • Transfers to other governments$8.64B31%
  • Public welfare$8.09B29%
  • Education$3.92B14%
  • Health & hospitals$2.41B9%
  • Transportation$1.37B5%
  • General government$1.28B5%
  • Public safety$708M3%
  • Other$557M2%
  • Environment & housing$417M2%
  • Interest on debt$262M1%
  • Culture & recreation$60M0%
Show top functions with operating vs. capital ▸
FunctionCategoryOperatingCapitalTotal
Public welfarePublic welfare$8.03B$7.0M$8.04B
Higher educationEducation$2.38B$310M$2.70B
HospitalsHealth & hospitals$2.05B$58M$2.11B
HighwaysTransportation$372M$982M$1.35B
Financial administrationGeneral government$375M$246M$621M
Liquor storesOther$510M$510M
Education assistance & subsidiesEducation$457M$457M
Higher education (auxiliary)Education$395M$26M$420M
Corrections (institutions)Public safety$374M$9.5M$384M
Natural resourcesEnvironment & housing$329M$37M$366M
Education (other)Education$338M$4.5M$343M
General (unallocable)General government$265M$35M$300M
HealthHealth & hospitals$283M$13M$296M
Police protectionPublic safety$189M$20M$210M

Trend · 3 fiscal years

Nominal dollars. The Census Bureau cautions that single-government series are edited only for aggregates — read direction, not decimals.

Revenue

+7% over 2 yrs

FY2022FY2023FY2024

$25.9B$27.8B

Spending

+22% over 2 yrs

FY2022FY2023FY2024

$22.7B$27.7B

Debt outstanding

+3% over 2 yrs

FY2022FY2023FY2024

$7.45B$7.70B

How it compares · the 50 states

Percentile within the cohort on each place's latest Census year. Higher is not better — the last column says what a high reading means so you can decide whether it matters here.

MeasureMississippiCohort medianPercentileHigher means
Spending per resident$9,422$9,466
47th
more spent per resident
Revenue per resident$9,446$9,800
39th
more raised per resident
Taxes per resident$3,605$4,114
31st
heavier own-tax load
Debt per resident$2,618$3,139
41st
more borrowed per resident
Own-source share of revenue58%64%
15th
less dependent on aid
Federal aid share of revenue42%35%
87th
more exposed to federal cuts
Capital share of spending6%7%
43rd
more building, less operating
Interest share of spending1%1%
41st
more spend servicing debt
Debt ÷ annual revenue0.28×0.29×
47th
more leveraged
  • Census classification categories, not this government's own budget structure. Figures are audited actuals for the fiscal year shown, not the adopted budget.
  • The Census Bureau edits unit-level data only to produce state and national aggregates and advises against reading it as a precise time series for any single government; treat year-over-year moves under ~5% as noise.
  • Employee-retirement-system revenue is excluded (published separately by Census). Utility and insurance-trust revenue are shown separately from general revenue.
  • Source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (Individual Unit public-use files), unit 280000227531 (Mississippi). Retrieved 2026-09-07. Classification manual.

Spot an error, or know a better source for this place's adopted budget? Suggest an edit on the assessment.

For how this shapes what Mississippi and its cities can deliver — preemption posture, revenue authority, the binding constraint — see the Mississippi state profile.

The Civic Infrastructure Diagnostic Framework’s structural elements — the four cluster labels, the six capacity dimensions, and the binding-constraint framing — are licensed under CC BY 4.0. Anyone may use or adapt them with attribution. Tool implementation and full article text © 2026 JTV Advisory LLC.