Town government · Stanly County, NC
Richfield's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Richfield took in $622 thousand and spent $399 thousand.
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Where it comes from
What stands out
of Richfield's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Town taxes29%
Fees for services17%
What's in fees for servicesParks and recreation and other government-run businesses
- Parks and recreation$103 thousand
- Other government-run businesses$1 thousand
Amounts are by Census type of charge.
State tax money45%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other8.4%
Where it goes
What stands out
of Richfield's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.
Spending by category100%
What's in running the government and other costsFinance, tax collection and budgeting
- Finance, tax collection and budgeting$189 thousand
What's in police, fire, courts and jailsPolice
- Police$78 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
- Garbage and solid waste$32 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$20 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Richfield. 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 Town of Richfield 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.