Collected and spent
In 2022, Richmond spent about $1,462.6M. This is a Census of Governments estimate across all of its funds.
Spent
$1,462.6M
Fiscal year 2022 · Census of Governments estimate, all funds · spending
Where the money comes from
One tax.
Property tax
$1.2 per $100 of value
Source · City of Richmond Department of Finance, City of Richmond Department of Finance — 2024 Real Estate Tax Rate. Read on May 23, 2026.
Details
City of Richmond Department of Finance — 2024 Real Estate Tax Rate ($1.20 per $100 assessed value; held flat from 2007, combined locality rate including general fund + schools). Independent city — rate on the city layerWhere it goes
Twelve service lines.
Schools
$482.8M
Health and human services
$265.8M
Public works
$211.9M
Police
$117.9M
Other
$87.0M
Fire
$85.6M
General government
$70.0M
Corrections
$46.6M
Show all 12 linesShow fewer lines
Debt service · past obligation
$35.0M
Parks and recreation
$27.8M
Courts
$25.3M
Library
$6.8M
Bars in both tables share one scale. Hatched lines pay for past obligations, not current services.
Source · 2022 Census of Governments - Estimated service split source. Read on October 20, 2026.
Who decides
Not on file yet.
When decisions happen
Not on file yet.
How to reach it
Not on file yet.
Also on this tax bill
A Richmond address pays these governments too.
On every bill in Richmond
Sources
What it is
City of Richmond Department of Finance, City of Richmond Department of Finance — 2024 Real Estate Tax Rate. Read on May 23, 2026.
Details
City of Richmond Department of Finance — 2024 Real Estate Tax Rate ($1.20 per $100 assessed value; held flat from 2007, combined locality rate including general fund + schools). Independent city — rate on the city layerSpent
2022 Census of Governments - Estimated service split source. Read on October 20, 2026.
Taxes
City of Richmond Department of Finance, City of Richmond Department of Finance — 2024 Real Estate Tax Rate. Read on May 23, 2026.
Details
City of Richmond Department of Finance — 2024 Real Estate Tax Rate ($1.20 per $100 assessed value; held flat from 2007, combined locality rate including general fund + schools). Independent city — rate on the city layerTo act on what you have read
Who Taxes Me describes. These three tools, made by the same team, are where you can do something about it. Each opens in a new tab.
Go to TaxTrace
Influence what and how much you are taxed
Go to 2zips
Compare taxes between two places
Spruce · coming soon
Influence improvements in your city