Town government · Tazewell County, VA

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

In the latest recorded fiscal year (ended June 30, 2024), Richlands took in $18.1 million and spent $21.0 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)64%Town taxes16%State tax money16%County and local tax money2.5%Fines and other1.6%

What stands out

64%

of Richlands' money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Town taxes16%

Other taxes
12%$2.1 million
What's in other taxesOther selective sales taxes; occupation and business licenses and 5 more
  • Other selective sales taxes$1.0 million
  • Occupation and business licenses$643 thousand
  • Public utility taxes$304 thousand
  • Tobacco taxes$93 thousand
  • Motor vehicle licenses$40 thousand
  • Public utility licenses$17 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Property tax
4.4%$802 thousand

Fees for services64%

Fees for services
64%$11.6 million
What's in fees for servicesElectric power; sewer and 5 more
  • Electric power$7.9 million
  • Sewer$1.1 million
  • Other service charges$989 thousand
  • Water$935 thousand
  • Garbage collection$612 thousand
  • Parks and recreation$73 thousand
  • Road charges$11 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$6 thousand

State tax money16%

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

From the state
16%$2.8 million

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments
2.5%$460 thousand

Fines and other1.6%

Interest, rents and other
1.2%$221 thousand
Fines
0.4%$65 thousand

Where it goes

Water, sewer, trash and utilities46%Police, fire, courts and jails32%Roads, transit and parking8.7%Running the government and other costs5.3%Health and hospitals5.2%All other spending2.7%

What stands out

32%

of Richlands' spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
46%$9.8 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$6.4 million
  • Sewer systems$1.7 million
  • Water supply$1.1 million
  • Garbage and solid waste$596 thousand
Police, fire, courts and jails
32%$6.7 million
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$4.0 million
  • Police$2.7 million
Roads, transit and parking
8.7%$1.8 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$1.8 million
  • Public transit$7 thousand
Running the government and other costs
5.3%$1.1 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more
  • Finance, tax collection and budgeting$794 thousand
  • Central staff services (personnel, purchasing, technology)$259 thousand
  • Government buildings$53 thousand
  • Other and not broken out$19 thousand
Health and hospitals
5.2%$1.1 million
What's in health and hospitalsPublic health
  • Public health$1.1 million
Parks, recreation and libraries
1.6%$334 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$333 thousand
  • Libraries$1 thousand
Housing and community development
0.8%$172 thousand
Interest on debt
0.3%$59 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Richlands. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Richlands 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.