City government · Macomb County, MI

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

In the latest recorded fiscal year (ended June 30, 2022), Richmond took in $8.6 million and spent $9.1 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

City taxes43%Fees for services (sewer, water)32%State tax money17%Fines and other4.1%County and local tax money3.4%Federal tax money0.2%

What stands out

41%

of Richmond's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes43%

Property tax
41%$3.5 million
Other taxes
2.3%$202 thousand
What's in other taxesOther licenses and occupation and business licenses
  • Other licenses$111 thousand
  • Occupation and business licenses$91 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$2.8 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$1.0 million
  • Water$785 thousand
  • Other service charges$519 thousand
  • Garbage collection$297 thousand
  • Parks and recreation$117 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$17 thousand

State tax money17%

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

From the state
17%$1.5 million

County and local tax money3.4%

Money passed on by the county or other local governments.

From the county and other local governments
3.4%$292 thousand

Fines and other4.1%

Interest, rents and other
3.8%$325 thousand
Fines
0.4%$32 thousand

Where it goes

Water, sewer, trash and utilities29%Police, fire, courts and jails26%Roads, transit and parking19%Running the government and other costs18%Parks, recreation and libraries6.8%All other spending1.3%

What stands out

26%

of Richmond'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%

Water, sewer, trash and utilities
29%$2.6 million
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
  • Sewer systems$2.2 million
  • Garbage and solid waste$320 thousand
  • Water supply$160 thousand
Police, fire, courts and jails
26%$2.3 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.9 million
  • Fire protection$472 thousand
Roads, transit and parking
19%$1.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.7 million
Running the government and other costs
18%$1.7 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$1.3 million
  • Central staff services (personnel, purchasing, technology)$248 thousand
  • Finance, tax collection and budgeting$118 thousand
Parks, recreation and libraries
6.8%$619 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$344 thousand
  • Parks and recreation$275 thousand
Health and hospitals
0.7%$64 thousand
What's in health and hospitalsPublic health
  • Public health$64 thousand
Interest on debt
0.6%$59 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 June 30, 2022. 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.