City government · Ray County, MO

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

In the latest recorded fiscal year (ended September 30, 2021), Richmond took in $8.9 million and spent $7.8 million.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

City taxes48%Fees for services (sewer, water)40%State tax money9.2%Fines and other3.4%

What stands out

30%

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

City taxes48%

Sales tax
30%$2.7 million
Property tax
10%$903 thousand
Other taxes
7.2%$642 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 4 more
  • Public utility taxes$494 thousand
  • Other selective sales taxes$63 thousand
  • Motor vehicle licenses$29 thousand
  • Tobacco taxes$25 thousand
  • Occupation and business licenses$22 thousand
  • Alcoholic beverage licenses$9 thousand

Amounts are by Census tax category.

Fees for services40%

Fees for services
40%$3.5 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$1.7 million
  • Water$1.3 million
  • Garbage collection$321 thousand
  • Parks and recreation$159 thousand

Amounts are by Census type of charge.

State tax money9.2%

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

From the state
9.2%$819 thousand

Fines and other3.4%

Interest, rents and other
2.4%$211 thousand
Fines
1.0%$88 thousand

Where it goes

Water, sewer, trash and utilities36%Police, fire, courts and jails22%Running the government and other costs15%Roads, transit and parking14%Parks, recreation and libraries8.2%Interest on debt4.7%

What stands out

22%

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
36%$2.8 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$1.5 million
  • Water supply$991 thousand
  • Garbage and solid waste$285 thousand
Police, fire, courts and jails
22%$1.8 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$950 thousand
  • Fire protection$763 thousand
  • Courts and legal services$43 thousand
Running the government and other costs
15%$1.2 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
  • Central staff services (personnel, purchasing, technology)$663 thousand
  • Government buildings$258 thousand
  • Other and not broken out$205 thousand
  • Other government-run businesses$83 thousand
Roads, transit and parking
14%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Parks, recreation and libraries
8.2%$641 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$641 thousand
Interest on debt
4.7%$371 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$367 thousand
  • Interest on water supply debt$4 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 September 30, 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.