Town government · Chittenden County, VT

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

In the latest recorded fiscal year (ended June 30, 2022), Richmond took in $5.1 million and spent $5.1 million.

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

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Where it comes from

Town taxes70%Fees for services (garbage collection, sewer)23%Fines and other6.1%State tax money0.4%

What stands out

23%

of Richmond'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 taxes70%

Property tax
70%$3.6 million
Other taxes
0.1%$7 thousand
What's in other taxesOther licenses and alcoholic beverage licenses
  • Other licenses$5 thousand
  • Alcoholic beverage licenses$2 thousand

Amounts are by Census tax category.

Fees for services23%

Fees for services
23%$1.2 million
What's in fees for servicesGarbage collection; sewer and 1 more
  • Garbage collection$484 thousand
  • Sewer$373 thousand
  • Water$334 thousand

Amounts are by Census type of charge.

State tax money0.4%

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

From the state
0.4%$18 thousand

Fines and other6.1%

Interest, rents and other
6.0%$304 thousand
Fines
<0.1%$5 thousand

Where it goes

Roads, transit and parking30%Running the government and other costs25%Water, sewer, trash and utilities24%Police, fire, courts and jails17%Interest on debt3.3%Parks, recreation and libraries1.2%

What stands out

24%

of Richmond'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
30%$1.5 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.5 million
Running the government and other costs
25%$1.3 million
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$1.3 million
Water, sewer, trash and utilities
24%$1.2 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$868 thousand
  • Water supply$352 thousand
Police, fire, courts and jails
17%$873 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$572 thousand
  • Fire protection$301 thousand
Interest on debt
3.3%$167 thousand
Parks, recreation and libraries
1.2%$59 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$59 thousand
Sources and moreWhere these numbers come from and what they cover

Town 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 Town 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.