How Richmond is run

Who runs Richmond, what it costs, and where your money goes

The city manager, council pay, the budget, your property tax bill and who provides each service, from Richmond's own public documents. Every number links to its source and says which year it describes. Checked Oct 10, 2026.

Who runs Richmond

A city manager hired by the council runs the city day to day. The council sets policy, adopts the budget and sets the tax rate.

City of Richmond

What they are paid

City manager Rob Minerich: pay as of 2022Not confirmed2022-06-28. City of Richmond · Jun 28, 2022
A council memberNot confirmedFY2024-25. City of Richmond
The mayorNot confirmedFY2024-25. City of Richmond

Richmond city staff

At June 30, 2025 the city had 509 employees, including 322 full-time. A pay grade and salary range chart is adopted by ordinance; we found no list of individual employee pay. We name pay only for elected officials and the city manager.

Is Richmond in the red?

Cities must pass a balanced budget, so "profit" and "deficit" mean something different here. The useful questions: does the city's everyday money (the general fund) cover its everyday costs, how much does it keep in savings compared with its own target, and how big are its pension and debt bills.

General fund, FY2024-25$44.9MOut of $62.8M across all city funds, which includes utilities and other money that can only be spent on one thing. City of Richmond · Dec 15, 2025
Savings grew, FY2025 (audited)+$3.1MGeneral fund revenue $46.1M, spending $38.7M. City of Richmond · Dec 15, 2025

Savings against the city's own target

Unassigned general fund balance: $29M (2025-06-30). The city's own target: A Contingency Reserve Fund set by a 2014 ordinance must hold at least 20% of each year's budgeted appropriations and can be spent only when the general fund runs short of cash. It held $27.4 million on June 30, 2025, apart from the unassigned balance. City of Richmond · Dec 15, 2025

Pension promises not yet funded$51.6MThe city's share of the state County Employees Retirement System (CERS) net pension liability: $20.8 million non-hazardous and $30.8 million hazardous (police and fire), measured June 30, 2024. CERS as a whole was 60.34% funded. (2025-06-30). City of Richmond · Dec 15, 2025
Debt owed$115M$75.5 million of bonds ($73.5 million for city projects such as the Goggins Lane park complex) and $39.8 million of Kentucky Infrastructure Authority loans for the utility. 2025-06-30. City of Richmond · Dec 15, 2025

Why we skip the "budgeted deficit": many cities plan to dip into savings, then spend less than planned. The audited result tells you what really happened.

Where the money comes from and goes

The general fund only: the city's everyday money for FY2024-25 budget.

Comes from

  • Licenses and permits (payroll and net profit fees)$32.7M · 73%
  • Property taxes$3.9M · 9%
  • Planned use of fund balance$3.2M · 7%
  • Charges for services$2.1M · 5%
  • Interest and investment income$1.5M · 3%
  • Intergovernmental programs$757,000 · 2%
  • Miscellaneous income$605,000 · 1%
  • Other$191,000 · 0%

City of Richmond · Dec 15, 2025

Goes to (FY2024-25 budget)

  • Public safety$24.5M · 55%
  • General government$10.1M · 22%
  • Culture and recreation$5.6M · 12%
  • Public works$3.9M · 9%
  • Capital outlay$809,029 · 2%

City of Richmond · Dec 15, 2025

Who provides your services

Not everything in Richmond is run by the city. Who provides a service decides whose budget pays for it and whose election decides it.

Compared with similar cities

The cities in this state closest in population that we cover. Read it for scale, not as a ranking: cities provide different services.

ElizabethtownKYRichmondKYGeorgetownKYCovingtonKY
Residents35,44840,66340,88341,847
Top administrator's base payNot confirmedNot confirmedNot confirmedNot confirmed
Council member payNot confirmedNot confirmed$14,837Not confirmed
General fund per resident$2,104$1,105$1,396$1,755
Debt per resident$2,600$2,834$2,220$2,484
Unfunded pension per resident$1,389$1,269$1,112$2,315
City staff per 1,000 residents——5.78.8

Figures as shown in each city's section, divided by its population. Years differ by state, and pension figures are measured differently in each state (each city page says how).

What Richmond publishes

What a resident can find online today. A "no" is something you can ask the council to publish.

Questions to ask your council

  1. The FY2024-25 general fund budget planned $44.9 million of spending and a $3.2 million draw on fund balance. The FY2025 audit shows a $3.1 million increase instead. Why does the budget plan for deficits that do not happen?
  2. The general fund held $29.0 million unassigned on June 30, 2025, on top of a $27.4 million contingency reserve. What does the commission plan to use the unassigned balance for?
  3. Licenses and permits, mostly payroll and net profit license fees, were budgeted at $32.7 million, more than three quarters of budgeted general fund revenue in FY2024-25. How would the city respond if local payrolls shrink?
  4. Bonds and state loans totaled $115.3 million on June 30, 2025, after new bonds for the Goggins Lane park complex. How will the added debt payments fit future budgets?

The fiscal year starts July 1. The City Manager submits a proposed budget before June, public hearings follow, and the commission enacts the budget by ordinance before June 30. See who is running for council

Help decide what comes next

What do you want to know about Richmond next?

One tap, no sign-in. We count answers; we never show who chose what.

Every number here was checked by hand against the linked document. Cities publish on different schedules, so years differ between sections; each figure says which year it describes. Spotted something wrong or out of date?

See something wrong? Report an error

Something wrong or missing? Tell us what and where, with a link to a source if you have one. Reports feed the next verification run.