Town government · Franklin County, VT

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

In the latest recorded fiscal year (ended December 31, 2021), Richford took in $3.4 million and spent $3.1 million.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes53%Fees for services (water, sewer)35%State tax money7.2%Fines and other5.5%

What stands out

35%

of Richford's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Town taxes53%

Property tax
53%$1.8 million
Other taxes
0.1%$4 thousand
What's in other taxesAlcoholic beverage licenses
  • Alcoholic beverage licenses$4 thousand

Amounts are by Census tax category.

Fees for services35%

Fees for services
35%$1.2 million
What's in fees for servicesWater; other service charges and 2 more
  • Water$449 thousand
  • Other service charges$319 thousand
  • Sewer$276 thousand
  • Garbage collection$138 thousand

Amounts are by Census type of charge.

State tax money7.2%

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

From the state
7.2%$245 thousand

Fines and other5.5%

Interest, rents and other
5.4%$184 thousand
Fines
<0.1%$2 thousand

Where it goes

Roads, transit and parking36%Police, fire, courts and jails17%Running the government and other costs16%Water, sewer, trash and utilities13%Health and hospitals13%All other spending5.6%

What stands out

13%

of Richford's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
36%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Police, fire, courts and jails
17%$518 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$359 thousand
  • Police$159 thousand
Running the government and other costs
16%$494 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$293 thousand
  • Finance, tax collection and budgeting$101 thousand
  • Other and not broken out$65 thousand
  • Central staff services (personnel, purchasing, technology)$35 thousand
Water, sewer, trash and utilities
13%$406 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$267 thousand
  • Garbage and solid waste$139 thousand
Health and hospitals
13%$394 thousand
What's in health and hospitalsPublic health
  • Public health$394 thousand
Parks, recreation and libraries
5.3%$166 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$107 thousand
  • Parks and recreation$59 thousand
Interest on debt
0.3%$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Richford. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Richford 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.