
Mississippi MS
"The Magnolia State"
The birthplace of the blues, the land that shaped Elvis and Oprah, and a state whose history, painful, complex, and extraordinary, is inseparable from the story of America itself.
Mississippi state finances at a glance
State Debt - FY2024
Total state government debt outstanding at the close of fiscal 2024, including long-term bonds and short-term borrowing across state agencies and public universities.
Tax Revenue - FY2024
Total Mississippi state tax collections in fiscal 2024, led by the general sales tax ($5.1B) and the individual income tax ($2.3B).
Borrowing
Mississippi issues general obligation bonds backed by its full faith and credit, along with revenue bonds for specific programs, sold to investors in the municipal market. A statutory cap ties outstanding general obligation debt to a share of internal revenue collections. The state reported about $262 million in interest on its debt in fiscal 2024.
Source: U.S. Census Bureau, 2024 Annual Survey of State Government Finances.

