City government · Fort Bend County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Richmond took in $35.2 million and spent $33.2 million.

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

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Where it comes from

City taxes41%Fines and other32%Fees for services (water, sewer)25%Federal tax money1.6%State tax money<0.1%County and local tax money<0.1%

What stands out

27%

of Richmond's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes41%

Sales tax
27%$9.4 million
Property tax
12%$4.1 million
Other taxes
2.9%$1.0 million
What's in other taxesPublic utility taxes and occupation and business licenses
  • Public utility taxes$744 thousand
  • Occupation and business licenses$290 thousand

Amounts are by Census tax category.

Fees for services25%

Fees for services
25%$8.8 million
What's in fees for servicesWater; sewer and 1 more
  • Water$4.0 million
  • Sewer$3.9 million
  • Other service charges$878 thousand

Amounts are by Census type of charge.

Federal tax money1.6%

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

From the federal government
1.6%$553 thousand

State tax money<0.1%

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

From the state
<0.1%$22 thousand

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$21 thousand

Fines and other32%

Interest, rents and other
31%$11.0 million
Fines
0.5%$193 thousand

Where it goes

Water, sewer, trash and utilities34%Police, fire, courts and jails30%Running the government and other costs27%Roads, transit and parking4.5%Interest on debt3.7%All other spending1.3%

What stands out

34%

of Richmond's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
34%$11.3 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$6.9 million
  • Sewer systems$2.7 million
  • Garbage and solid waste$1.6 million
Police, fire, courts and jails
30%$9.9 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$5.2 million
  • Police$4.3 million
  • Courts and legal services$384 thousand
Running the government and other costs
27%$8.8 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$4.6 million
  • Finance, tax collection and budgeting$2.1 million
  • Central staff services (personnel, purchasing, technology)$1.2 million
  • Government buildings$883 thousand
Roads, transit and parking
4.5%$1.5 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.5 million
Interest on debt
3.7%$1.2 million
Parks, recreation and libraries
1.3%$436 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$436 thousand
Social services
<0.1%$3 thousand
What's in social servicesOther public welfare
  • Other public welfare$3 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.