Town government · Ouachita Parish, LA

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

In the latest recorded fiscal year (ended June 30, 2022), Richwood took in $1.3 million and spent $1.5 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes43%Fees for services (garbage collection, sewer)31%State tax money19%Fines and other7.8%

What stands out

26%

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

Town taxes43%

Sales tax
26%$336 thousand
Other taxes
11%$139 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$70 thousand
  • Public utility taxes$67 thousand
  • Alcoholic beverage taxes$2 thousand

Amounts are by Census tax category.

Property tax
7.0%$92 thousand

Fees for services31%

Fees for services
31%$402 thousand
What's in fees for servicesGarbage collection and sewer
  • Garbage collection$216 thousand
  • Sewer$186 thousand

Amounts are by Census type of charge.

State tax money19%

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

From the state
19%$245 thousand

Fines and other7.8%

Fines
7.4%$98 thousand
Interest, rents and other
0.3%$4 thousand

Where it goes

Running the government and other costs38%Police, fire, courts and jails28%Water, sewer, trash and utilities24%Housing and community development5.2%Roads, transit and parking4.3%

What stands out

28%

of Richwood'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%

Running the government and other costs
38%$576 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
  • Central staff services (personnel, purchasing, technology)$345 thousand
  • Finance, tax collection and budgeting$231 thousand
Police, fire, courts and jails
28%$428 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$428 thousand
Water, sewer, trash and utilities
24%$358 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$197 thousand
  • Sewer systems$161 thousand
Housing and community development
5.2%$79 thousand
Roads, transit and parking
4.3%$65 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$65 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Richwood. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Richwood 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.