City government · St Louis County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Virginia took in $55.1 million and spent $67.7 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Fees for services (electric power, gas)56%State tax money18%City taxes16%Fines and other6.5%County and local tax money3.0%Federal tax money0.8%

What stands out

56%

of Virginia's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes16%

Property tax
11%$6.0 million
Sales tax
4.6%$2.6 million
Other taxes
0.3%$171 thousand
What's in other taxesOther taxes not classified elsewhere and occupation and business licenses
  • Other taxes not classified elsewhere$92 thousand
  • Occupation and business licenses$79 thousand

Amounts are by Census tax category.

Fees for services56%

Fees for services
56%$30.6 million
What's in fees for servicesElectric power; gas and 7 more
  • Electric power$13.5 million
  • Gas$5.0 million
  • Water$3.1 million
  • Other service charges$3.0 million
  • Sewer$2.8 million
  • Garbage collection$2.0 million
  • Parks and recreation$1.2 million
  • Other government-run businesses$19 thousand
  • Road charges$16 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$439 thousand

State tax money18%

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

From the state
18%$10.2 million

County and local tax money3.0%

Money passed on by the county or other local governments.

From the county and other local governments
3.0%$1.7 million

Fines and other6.5%

Interest, rents and other
6.3%$3.5 million
Fines
0.1%$74 thousand

Where it goes

Water, sewer, trash and utilities46%Police, fire, courts and jails23%Parks, recreation and libraries9.5%Roads, transit and parking8.4%Running the government and other costs5.2%All other spending8.2%

What stands out

10%

of Virginia's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
46%$31.1 million
What's in water, sewer, trash and utilitiesWater supply; electric power and 3 more
  • Water supply$11.1 million
  • Electric power$10.8 million
  • Gas supply$4.7 million
  • Sewer systems$2.7 million
  • Garbage and solid waste$1.8 million
Police, fire, courts and jails
23%$15.4 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$7.8 million
  • Police$5.4 million
  • Inspections and regulation$2.2 million
Parks, recreation and libraries
9.5%$6.4 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$5.4 million
  • Libraries$1.1 million
Roads, transit and parking
8.4%$5.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$5.7 million
Running the government and other costs
5.2%$3.5 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$2.2 million
  • Finance, tax collection and budgeting$1.3 million
  • Other and not broken out$9 thousand
Housing and community development
5.0%$3.4 million
Interest on debt
3.2%$2.2 million
What's in interest on debtInterest on general debt; interest on water supply debt and 2 more
  • Interest on general debt$2.1 million
  • Interest on water supply debt$40 thousand
  • Interest on gas supply debt$19 thousand
  • Interest on electric power debt$15 thousand
Sources and moreWhere these numbers come from and what they cover

City of Virginia. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Virginia 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.