County government · Henrico County, VA

Henrico County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Henrico County took in $1.73 billion and spent $1.97 billion.

Latest recorded year: ended June 30, 2024Comes fromGoes to

See every government that serves your ZIP

Where it comes from

County taxes51%State tax money27%Fees for services (sewer, water)14%Fines and other6.0%Federal tax money0.8%Local tax money0.2%

What stands out

8.2%

of Henrico County's money comes from taxes other than property, sales and income taxes.A typical U.S. county of 250,000+ people gets 2.5%.

County taxes51%

Property tax
38%$657 million
Other taxes
8.2%$143 million
What's in other taxesOther selective sales taxes; occupation and business licenses and 4 more
  • Other selective sales taxes$57.7 million
  • Occupation and business licenses$51.3 million
  • Other licenses$15.9 million
  • Motor vehicle licenses$7.6 million
  • Real estate and stock transfer taxes$6.4 million
  • Public utility taxes$4.1 million

Amounts are by Census tax category.

Sales tax
5.4%$93.1 million

Fees for services14%

Fees for services
14%$249 million
What's in fees for servicesSewer; water and 7 more
  • Sewer$101 million
  • Water$101 million
  • Garbage collection$22.3 million
  • Other service charges$16.5 million
  • School lunches$4.3 million
  • School tuition and transportation$2.0 million
  • Parks and recreation$546 thousand
  • Other school charges$265 thousand
  • College tuition$208 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$14.0 million

State tax money27%

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

From the state
27%$473 million

Local tax money0.2%

Money passed on by the county or other local governments.

From other local governments
0.2%$2.7 million

Fines and other6.0%

Interest, rents and other
5.9%$102 million
Fines
<0.1%$1.6 million

Where it goes

Schools and colleges43%Police, fire, courts and jails17%Running the government and other costs13%Water, sewer, trash and utilities9.4%Parks, recreation and libraries5.1%All other spending13%

What stands out

43%

of Henrico County's spending goes to schools and colleges.Most U.S. counties of 250,000+ people spend nothing on this.

Spending by category100%

Schools and colleges
43%$854 million
What's in schools and collegesElementary and secondary schools and colleges and universities
  • Elementary and secondary schools$852 million
  • Colleges and universities$1.7 million
Police, fire, courts and jails
17%$328 million
What's in police, fire, courts and jailsPolice; fire protection and 4 more
  • Police$125 million
  • Fire protection$116 million
  • Prisons and jails$56.7 million
  • Courts and legal services$18.0 million
  • Probation, parole and other corrections$7.6 million
  • Inspections and regulation$5.2 million
Running the government and other costs
13%$247 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$142 million
  • Central staff services (personnel, purchasing, technology)$48.8 million
  • Finance, tax collection and budgeting$29.8 million
  • Government buildings$26.7 million
Water, sewer, trash and utilities
9.4%$185 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$90.4 million
  • Water supply$62.6 million
  • Garbage and solid waste$32.3 million
Parks, recreation and libraries
5.1%$101 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$77.6 million
  • Libraries$23.1 million
Roads, transit and parking
4.9%$97.1 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$90.0 million
  • Public transit$7.1 million
Social services
3.0%$59.3 million
What's in social servicesOther public welfare
  • Other public welfare$59.3 million
Health and hospitals
2.9%$56.9 million
What's in health and hospitalsPublic health
  • Public health$56.9 million
Interest on debt
1.7%$33.1 million
Sent to other local governments
0.2%$3.9 million
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$3.9 million
Housing and community development
0.2%$3.1 million
Environment and natural resources
<0.1%$316 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$316 thousand
Sources and moreWhere these numbers come from and what they cover

Henrico County. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Henrico County 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.