City government · Cache County, UT

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

In the latest recorded fiscal year (ended June 30, 2022), Richmond took in $13.7 million and spent $7.9 million.

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

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Where it comes from

Fees for services (water, sewer)51%City taxes33%Fines and other11%State tax money4.3%County and local tax money1.0%Federal tax money0.1%

What stands out

13%

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

City taxes33%

Sales tax
13%$1.8 million
Other taxes
12%$1.6 million
What's in other taxesPublic utility taxes; other taxes not classified elsewhere and 3 more
  • Public utility taxes$728 thousand
  • Other taxes not classified elsewhere$687 thousand
  • Other selective sales taxes$94 thousand
  • Other licenses$62 thousand
  • Occupation and business licenses$4 thousand

Amounts are by Census tax category.

Property tax
8.5%$1.2 million

Fees for services51%

Fees for services
51%$7.0 million
What's in fees for servicesOther service charges; water and 4 more
  • Other service charges$2.7 million
  • Water$1.9 million
  • Sewer$1.8 million
  • Garbage collection$503 thousand
  • Parks and recreation$90 thousand
  • Road charges$1 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$16 thousand

State tax money4.3%

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

From the state
4.3%$590 thousand

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$143 thousand

Fines and other11%

Interest, rents and other
9.7%$1.3 million
Fines
1.0%$133 thousand

Where it goes

Running the government and other costs50%Water, sewer, trash and utilities25%Parks, recreation and libraries9.1%Roads, transit and parking6.3%Police, fire, courts and jails3.8%All other spending5.2%

What stands out

50%

of Richmond's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
50%$4.0 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$3.5 million
  • Central staff services (personnel, purchasing, technology)$299 thousand
  • Government buildings$171 thousand
Water, sewer, trash and utilities
25%$2.0 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$842 thousand
  • Water supply$658 thousand
  • Garbage and solid waste$476 thousand
Parks, recreation and libraries
9.1%$719 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$501 thousand
  • Libraries$218 thousand
Roads, transit and parking
6.3%$496 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$496 thousand
Police, fire, courts and jails
3.8%$302 thousand
What's in police, fire, courts and jailsCourts and legal services; police and 1 more
  • Courts and legal services$194 thousand
  • Police$83 thousand
  • Fire protection$25 thousand
Interest on debt
3.8%$299 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$199 thousand
  • Interest on general debt$100 thousand
Sent to other local governments
1.2%$93 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$93 thousand
Health and hospitals
0.3%$20 thousand
What's in health and hospitalsPublic health
  • Public health$20 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.