How Radford is run

Who runs Radford, 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 Radford's own public documents. Every number links to its source and says which year it describes. Checked Oct 10, 2026.

Who runs Radford

A city manager hired by the council runs the city government day to day. The five-member council, including the mayor, sets policy, sets tax rates and utility rates, and adopts the budget.

City of Radford · Jul 1, 2025

What they are paid

City manager Todd Meredith: base payNot confirmedFY2026-27. City of Radford · Apr 28, 2026
A council memberNot confirmedFY2026-27. City of Radford · Apr 28, 2026
The mayorNot confirmedFY2026-27. City of Radford · Apr 28, 2026

Radford city staff

The budget lists positions by department without pay. We found no salary list or pay schedule for city staff. We name pay only for elected officials and the city manager.

Is Radford 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, FY2026-27$35.4MOut of $80.1M across all city funds, which includes utilities and other money that can only be spent on one thing. Radford City Council · Apr 28, 2026
Savings grew, FY2025 (audited)+$2.4MGeneral fund revenue $27M, spending $33.4M. General fund spending exceeded revenue by $6.4 million in FY2025. Transfers in of $5.2 million and $6 million in refunding bonds, less $1.7 million paid to retire old bonds, raised fund balance by $2.4 million, from a deficit of $1.8 million to $644,510. City of Radford · Jun 25, 2026

Savings against the city's own target

Unassigned general fund balance: $-2.1M (2025-06-30). That means every dollar the general fund has saved is set aside in a named reserve or category, not that it has no savings. The city's own target: The city's policy calls for unassigned general fund balance equal to 10% of city and School Board operating spending. If it falls below that, the council must adopt a plan to restore it within three years. The city is below this target. City of Radford · Jun 25, 2026

Pension promises not yet funded$6.1MThe city's Virginia Retirement System plan had a net pension liability of $6.1 million and was 91.86% funded (measured June 30, 2024). (2024-06-30). City of Radford · Jun 25, 2026
Debt owed$31.6M2025-06-30. City of Radford · Jun 25, 2026

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 FY2026-27.

Comes from

  • Property taxes$13.1M · 37%
  • Other local taxes (sales, meals, lodging, utility, business license)$6.1M · 17%
  • Transfers from city utilities (mostly the electric fund)$5.2M · 15%
  • State categorical aid$2.6M · 7%
  • Miscellaneous revenue$2.4M · 7%
  • Federal aid (social services)$1.7M · 5%
  • State share of constitutional officers' costs$1.7M · 5%
  • Non-categorical state aid$1.2M · 3%
  • Other (fees, fines, permits, rents, other state aid)$1.4M · 4%

City of Radford · Apr 28, 2026

Goes to (FY2026-27)

  • Schools: city payment to the School Board and school debt$7.3M · 21%
  • Police$5M · 14%
  • Fire and EMS$3.2M · 9%
  • Social services administration$1.4M · 4%
  • Information technology$1.2M · 3%
  • Children's Services Act (comprehensive services)$1.2M · 3%
  • Regional jail$1.1M · 3%
  • City debt service$1.1M · 3%
  • Other (administration, courts, sheriff, public works, parks, library, other)$13.9M · 39%

City of Radford · Apr 28, 2026

Your property tax bill: who gets it

Radford is an independent city, so there is no county property tax. The city funds its share of the schools from the general fund. The council raised the rate two cents for 2026, from $0.82.

100¢

of each property-tax dollar goes to the city of Radford

  • City of Radford (including schools)0.84 · 100%
  • Total ($ per $100 of assessed value)0.84

2026 real estate tax rate for a home in the City of Radford. Radford City Council · Apr 28, 2026

See what a Radford house pays, line by line →

Who provides your services

Not everything in Radford 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.

WilliamsburgVABristolVARadfordVAColonial HeightsVA
Residents15,86116,41817,24318,738
Top administrator's base payNot confirmed$185,000Not confirmedNot confirmed
Council member payNot confirmedNot current (2018)Not confirmed$10,000
General fund per resident$3,949$5,915$2,052$4,422
Debt per resident$2,977$9,124$1,831$1,677
Unfunded pension per resident$792$972$355$537
City staff per 1,000 residents15.618.4—15.0

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 Radford 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. Unassigned general fund balance was below zero at June 30, 2025, against a policy of 10% of city and School Board operating spending. What is the council's three-year plan to restore it?
  2. General fund spending exceeded revenue by $6.4 million in FY2025. How will the city reduce the FY2027 budget's reliance on $5.2 million in transfers from its utility funds?
  3. The FY2025 audit report is dated June 25, 2026. When will the FY2026 audit be finished?
  4. The council raised the real estate tax rate from $0.82 to $0.84 for 2026. What rate would the city need to fund reserves and infrastructure without utility transfers?

See who is running for council

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