City government · Franklin County, KS

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

In the latest recorded fiscal year (ended December 31, 2021), Richmond took in $568 thousand and spent $468 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

City taxes45%Fees for services (water, sewer)43%Federal tax money6.2%Fines and other3.2%State tax money2.3%

What stands out

17%

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

City taxes45%

Property tax
28%$160 thousand
Sales tax
17%$97 thousand
Other taxes
0.2%$1 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$1 thousand

Amounts are by Census tax category.

Fees for services43%

Fees for services
43%$244 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$154 thousand
  • Sewer$51 thousand
  • Garbage collection$27 thousand
  • Parks and recreation$12 thousand

Amounts are by Census type of charge.

Federal tax money6.2%

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

From the federal government
6.2%$35 thousand

State tax money2.3%

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

From the state
2.3%$13 thousand

Fines and other3.2%

Interest, rents and other
3.2%$18 thousand

Where it goes

Water, sewer, trash and utilities57%Roads, transit and parking20%Running the government and other costs11%Interest on debt6.0%Parks, recreation and libraries5.3%Police, fire, courts and jails1.3%

What stands out

57%

of Richmond's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
57%$265 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$160 thousand
  • Sewer systems$74 thousand
  • Garbage and solid waste$31 thousand
Roads, transit and parking
20%$94 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$94 thousand
Running the government and other costs
11%$50 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$33 thousand
  • Other and not broken out$17 thousand
Interest on debt
6.0%$28 thousand
Parks, recreation and libraries
5.3%$25 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$17 thousand
  • Parks and recreation$8 thousand
Police, fire, courts and jails
1.3%$6 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$6 thousand
Sources and moreWhere these numbers come from and what they cover

City of Richmond. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Richmond 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.