County government · Henry County, VA

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

In the latest recorded fiscal year (ended June 30, 2024), Henry County took in $228 million and spent $250 million.

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

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Where it comes from

State tax money44%County taxes25%Fees for services (water, sewer)18%Fines and other10%Federal tax money2.6%Local tax money0.5%

What stands out

44%

of Henry County's money comes from state tax money.A typical U.S. county of under 50,000 people gets 23%.

County taxes25%

Property tax
15%$33.6 million
Sales tax
5.3%$12.2 million
Other taxes
5.0%$11.3 million
What's in other taxesOther selective sales taxes; public utility taxes and 4 more
  • Other selective sales taxes$5.0 million
  • Public utility taxes$2.9 million
  • Occupation and business licenses$1.9 million
  • Motor vehicle licenses$920 thousand
  • Real estate and stock transfer taxes$411 thousand
  • Other licenses$96 thousand

Amounts are by Census tax category.

Fees for services18%

Fees for services
18%$40.6 million
What's in fees for servicesOther service charges; water and 5 more
  • Other service charges$27.3 million
  • Water$7.5 million
  • Sewer$5.1 million
  • Parks and recreation$602 thousand
  • Garbage collection$82 thousand
  • School tuition and transportation$13 thousand
  • Other school charges$1 thousand

Amounts are by Census type of charge.

Federal tax money2.6%

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

From the federal government
2.6%$6.0 million

State tax money44%

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

From the state
44%$100 million

Local tax money0.5%

Money passed on by the county or other local governments.

From other local governments
0.5%$1.0 million

Fines and other10%

Interest, rents and other
10%$23.0 million
Fines
<0.1%$190 thousand

Where it goes

Schools and colleges45%Health and hospitals20%Police, fire, courts and jails11%Running the government and other costs7.7%Water, sewer, trash and utilities6.3%All other spending10%

What stands out

45%

of Henry County's spending goes to schools and colleges.Most U.S. counties of under 50,000 people spend nothing on this.

Spending by category100%

Schools and colleges
45%$112 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$112 million
Health and hospitals
20%$50.9 million
What's in health and hospitalsPublic health
  • Public health$50.9 million
Police, fire, courts and jails
11%$26.3 million
What's in police, fire, courts and jailsPrisons and jails; police and 4 more
  • Prisons and jails$10.2 million
  • Police$9.7 million
  • Fire protection$3.0 million
  • Courts and legal services$2.6 million
  • Inspections and regulation$423 thousand
  • Probation, parole and other corrections$328 thousand
Running the government and other costs
7.7%$19.3 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$14.9 million
  • Government buildings$2.9 million
  • Finance, tax collection and budgeting$1.3 million
  • Central staff services (personnel, purchasing, technology)$198 thousand
Water, sewer, trash and utilities
6.3%$15.7 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$8.5 million
  • Sewer systems$5.3 million
  • Garbage and solid waste$2.0 million
Social services
4.6%$11.6 million
What's in social servicesOther public welfare
  • Other public welfare$11.6 million
Housing and community development
2.3%$5.9 million
Interest on debt
1.5%$3.6 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$3.0 million
  • Interest on water supply debt$646 thousand
Parks, recreation and libraries
1.3%$3.3 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$2.5 million
  • Libraries$775 thousand
Sent to other local governments
0.5%$1.3 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$1.3 million
Environment and natural resources
<0.1%$70 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$70 thousand
Roads, transit and parking
<0.1%$16 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$16 thousand
Sources and moreWhere these numbers come from and what they cover

Henry 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 Henry 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.