EVERY DEBT CLOCKOfficial data through Jun 30, 2024 · annual
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Mississippi Debt Clock

Mississippi state and local governments owed $14,551,819,000 ($14.55 billion) at the end of fiscal year 2024 (Jun 30, 2024), according to the US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN: $7.72 billion of state government debt and $6.83 billion of local government debt. That is $4,925.87 per Mississippian: the debt divided by the Census Bureau's estimate of 2,954,160 Mississippi residents on Jul 1, 2025. The Census Bureau reports Mississippi's state + local debt once a year and only one official figure is available, so the clock shows the official figure without projecting.

Mississippi state + local debt · official
$14,551,819,000
fixedThe Census Bureau reports once a year; one official figure available
Per Mississippian (Census, Jul 1, 2025)$4,925.87
State debt · official Jun 30, 2024$7,724,729,000
Local debt · official Jun 30, 2024$6,827,090,000
FIXED · Jun 30, 2024ANNUAL DATA · reported once a yearsource: US Census Bureau

What changed

Official annual totals, newest first · US Census Bureau · published once a year, after the fiscal year ends
FY2024 · Jun 30, 2024
$14.55B
year +$52.0M
state +$262.1M
local −$210.1M
per Mississippian $4,926
FY2023 · Jun 30, 2023
$14.50B
year −$180.1M
state −$9.8M
local −$170.3M
FY2022 · Jun 30, 2022
$14.68B
year −$4.1M
state +$7.4M
local −$11.4M
FY2021 · Jun 30, 2021
$14.68B
year +$102.3M
state +$158.7M
local −$56.5M
FY2020 · Jun 30, 2020
$14.58B
year +$13.6M
state +$81.0M
local −$67.5M
FY2019 · Jun 30, 2019
$14.57B
year +$392.2M
state −$26.8M
local +$419.0M
FY2018 · Jun 30, 2018
$14.18B
year −$391.2M
state −$218.1M
local −$173.2M
FY2017 · Jun 30, 2017
$14.57B
earliest year shown
Mississippi state + local debt is reported once a year by the Census Bureau, about two years after the fact. Real borrowing happens in lumps when bonds are sold and is repaid on schedules, so the page shows the latest official figure without ticking it forward, because Census's own sampling error is larger than the change it measured.

Mississippi government debt

US Census Bureau · official as of Jun 30, 2024 · fixed until the next report
Mississippi state + local debt
$14,551,819,000
Per Mississippian (Census pop.)$4,925.87
Official total$14.55B
fixedFIXED · Jun 30, 2024
State government debt
$7,724,729,000
Per Mississippian (Census pop.)$2,614.86
Official$7.72B
fixedFIXED · Jun 30, 2024
Local government debt
$6,827,090,000
Per Mississippian (Census pop.)$2,311.01
Official$6.83B
fixedFIXED · Jun 30, 2024

State government debt

US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) · official, Jun 30, 2024 · fixed
Long-term debt
$7,696,893,000
Per Mississippian$2,605.44
99.6% of state debtFIXED · Jun 30, 2024
Short-term debt
$27,836,000
Per Mississippian$9.42
0.4% of state debtFIXED · Jun 30, 2024

Local government debt

US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) · official, Jun 30, 2024 · fixed
Long-term debt
$6,800,549,000
Per Mississippian$2,302.02
99.6% of local debtFIXED · Jun 30, 2024
Short-term debt
$26,540,000
Per Mississippian$8.98
0.4% of local debtFIXED · Jun 30, 2024

Per Mississippian

Census Bureau, Vintage 2025 state population estimates (NST-EST2025) · Jul 1, 2025
Debt per Mississippian
$4,925.87
Official basis$4,925.87
Population2,954,160
fixedFIXED · Jun 30, 2024
State debt per Mississippian
$2,614.86
official basisFIXED · Jun 30, 2024
Local debt per Mississippian
$2,311.01
official basisFIXED · Jun 30, 2024
Mississippi population
2,954,160
+3,988 in the prior yearFIXED · Jul 1, 2025

History

Fixed official figures · US Census Bureau · these do not tick
FY2017 · OFFICIAL
State + local
$14.57B
State debt
$7.47B
Local debt
$7.10B
FY2018 · OFFICIAL
State + local
$14.18B
State debt
$7.25B
Local debt
$6.92B
FY2019 · OFFICIAL
State + local
$14.57B
State debt
$7.23B
Local debt
$7.34B
FY2020 · OFFICIAL
State + local
$14.58B
State debt
$7.31B
Local debt
$7.28B
FY2021 · OFFICIAL
State + local
$14.68B
State debt
$7.47B
Local debt
$7.22B
FY2022 · OFFICIAL
State + local
$14.68B
State debt
$7.47B
Local debt
$7.21B
FY2023 · OFFICIAL
State + local
$14.50B
State debt
$7.46B
Local debt
$7.04B
FY2024 · OFFICIAL
State + local
$14.55B
State debt
$7.72B
Local debt
$6.83B

Details

Full official tables

State government debt: $7,724,729,000

Official, fiscal year-end Jun 30, 2024 · US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) (Mississippi, Government type 'State', items LF0231 Total, LF0233 Long-term and LF0232 Short-term Debt Outstanding, survey year 2024; amounts published in $1,000)

PartAmount
Long-term debt outstanding (Census item LF0233)$7,696,893,000
Short-term debt outstanding (Census item LF0232)$27,836,000
Total$7,724,729,000

All debt of the Mississippi state government as Census defines it: long-term and short-term debt of the state and its dependent agencies, whatever the source of repayment. Census uses the same definition for every state.

Local government debt: $6,827,090,000

Official, fiscal year-end Jun 30, 2024 · US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) (Mississippi, Government type 'Local', items LF0231 Total, LF0233 Long-term and LF0232 Short-term Debt Outstanding, survey year 2024; amounts published in $1,000)

PartAmount
Long-term debt outstanding (Census item LF0233)$6,800,549,000
Short-term debt outstanding (Census item LF0232)$26,540,000
Total$6,827,090,000

All debt of Mississippi's counties, cities, towns, school districts and special districts, on the same Census definition. Census estimates local totals from a sample of local governments in most years (2022 was a full count, the Census of Governments); coefficient of variation for 2024: 1.39%.

By year (official)

Fiscal year-endState debtLocal debtCombinedChange
Jun 30, 2024$7,724,729,000$6,827,090,000$14,551,819,000+$52.0M
Jun 30, 2023$7,462,635,000$7,037,179,000$14,499,814,000−$180.1M
Jun 30, 2022$7,472,440,000$7,207,485,000$14,679,925,000−$4.1M
Jun 30, 2021$7,465,082,000$7,218,921,000$14,684,003,000+$102.3M
Jun 30, 2020$7,306,342,000$7,275,393,000$14,581,735,000+$13.6M
Jun 30, 2019$7,225,292,000$7,342,844,000$14,568,136,000+$392.2M
Jun 30, 2018$7,252,112,000$6,923,827,000$14,175,939,000−$391.2M
Jun 30, 2017$7,470,178,000$7,096,999,000$14,567,177,000—

How it works

Official annual figures · projection labelled · sources linked

Why this number doesn't tick. Only one official year is available, so there is no defensible trend to project. The figure shown is the official total.

How often it's published. Annual. The Census Bureau's Annual Survey of State and Local Government Finances comes out about two years after the fiscal year (survey year 2024: July 2026; survey year 2023: July 2025). The next Census figures, for survey year 2025, are expected around mid-2027, based on the last two release dates.

Per Mississippian divides by the Census Bureau's estimate of 2,954,160 residents on Jul 1, 2025. It is not projected forward, so the live per-Mississippian figure rises only with the debt.

Note. Census publishes Mississippi's state + local total as $14.55 billion for 2024 (coefficient of variation 0.65%) and $14.50 billion for 2023. State + local here is exactly Census's state figure plus its local figure.

Note. Census's figures are the newest official state + local totals that use one definition for all 50 states, but they lag about two years, so the page shows the official figure as of June 30, 2024. Mississippi's own audited report is fresher but is not used here: it covers a narrower scope and would not be comparable with the other states.

Note. The 2023→2024 change ($+0.05 billion) is smaller than about two standard errors of the Census estimate (about $0.2 billion at a 0.65% coefficient of variation), so Census's data does not show which way the debt is moving. This page therefore shows the official figure as published and does not tick it forward.

Note. Not included: unfunded pension and retiree-health liabilities, and the state's share of the federal debt.

Note. Mississippi's state fiscal year ends June 30. Census survey year 2024 covers each government's fiscal year that ended between July 1, 2023 and June 30, 2024; the clock dates it June 30, 2024, the end of that window.

Note. Figures from source tables may not add exactly because of rounding in the source.

Sources: US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) · Census Bureau, Vintage 2025 state population estimates (NST-EST2025) · US Census Bureau, 2024 State & Local Government Finance Datasets and Tables (release page) · US Census Bureau, 2024 Annual Survey of Local Government Finances methodology · Census data API download used for these figures (Mississippi)

Page built Oct 28, 2026 9:30 AM CT from the official figures above.

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