City government · Radford City, VA
Radford's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Radford took in $87.4 million and spent $112 million.
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Where it comes from
What stands out
of Radford's money comes from state tax money.A typical U.S. city of 10,000 to 50,000 people gets 7%.
City taxes18%
What's in other taxesOther selective sales taxes; occupation and business licenses and 5 more
- Other selective sales taxes$1.9 million
- Occupation and business licenses$625 thousand
- Public utility taxes$599 thousand
- Motor vehicle licenses$191 thousand
- Real estate and stock transfer taxes$135 thousand
- Tobacco taxes$119 thousand
- Other licenses$76 thousand
Amounts are by Census tax category.
Fees for services42%
What's in fees for servicesElectric power; other service charges and 8 more
- Electric power$21.5 million
- Other service charges$7.5 million
- Sewer$2.8 million
- Water$2.8 million
- Garbage collection$1.9 million
- School tuition and transportation$83 thousand
- Transit fares$83 thousand
- Parks and recreation$79 thousand
- Road charges$16 thousand
- School lunches$12 thousand
Amounts are by Census type of charge.
Federal tax money3.2%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money33%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.9%
Money passed on by the county or other local governments.
Fines and other2.9%
Where it goes
What stands out
of Radford's spending goes to schools and colleges.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$37.2 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
- Electric power$20.8 million
- Sewer systems$2.8 million
- Water supply$2.8 million
- Garbage and solid waste$1.8 million
What's in police, fire, courts and jailsPolice; fire protection and 3 more
- Police$6.7 million
- Fire protection$3.5 million
- Prisons and jails$2.2 million
- Courts and legal services$1.1 million
- Inspections and regulation$235 thousand
What's in health and hospitalsPublic health
- Public health$12.6 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
- Other and not broken out$4.3 million
- Government buildings$974 thousand
- Finance, tax collection and budgeting$900 thousand
- Central staff services (personnel, purchasing, technology)$59 thousand
What's in roads, transit and parkingPublic transit and roads and highways
- Public transit$3.5 million
- Roads and highways$2.6 million
What's in social servicesOther public welfare
- Other public welfare$3.8 million
What's in parks, recreation and librariesParks and recreation and libraries
- Parks and recreation$1.6 million
- Libraries$1.1 million
What's in interest on debtInterest on general debt and interest on electric power debt
- Interest on general debt$407 thousand
- Interest on electric power debt$10 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$177 thousand
Sources and moreWhere these numbers come from and what they cover
City of Radford. 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 City of Radford 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.