City of Richmond, Kentucky

Name

City of Richmond, Kentucky

Legal name

City of Richmond, Kentucky

Website

https://richmondky.gov

Company type

Private

Founded year

1798

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Municipal Government Services

NAICS

Executive Offices (921110), Administration of Housing Programs, Urban Planning, and Community Development (925), Police Protection (922120), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615), Administration of Environmental Quality Programs (9241)

SIC

Sanitary Services (4950)

akta.pro primary industry

Mayor/City Manager & General Administration (BPAIACAA)

akta.pro secondary industries

Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities) (BPAIACAF), Parks, Recreation & Cultural Services (BPAIACAI), Planning, Zoning, Permitting & Code Enforcement (BPAIACAE), Municipal Tax & Revenue Administration (Local) (BPAIACAD), Economic Development & Business Licensing (Local) (BPAIACAN)

Keywords

• Municipal government services
• Public safety administration
• Building permit services
• Parks recreation programs
• Business licensing services

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Profit License Fee: Business entities operating within the City pay 2% of net profits attributable to activity within the City, with a minimum fee of $25 per year. Applicable to corporations, partnerships, LLCs, and sole proprietors.
2. Property Taxes: Billing and collection of property taxes for the City of Richmond
3. Permit and Inspection Fees: Building permits, HVAC permits, electrical permits, and other construction-related fees based on fee schedules
4. Transient Room Tax: Tax on transient lodging collected from hotels and short-term rentals
5. Employer License Fee: Quarterly license fees withheld from employees working within the City
6. ABC License Fees: Alcoholic Beverage Control license fees for businesses selling alcohol within the City
7. Parking Tickets: Violations issued for parking infractions within City jurisdiction

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

The City of Richmond, Kentucky operates as a municipal government providing comprehensive public services to approximately 41,724 residents and businesses within its jurisdiction. Core service departments include Building Inspections, Codes Enforcement, Planning and Zoning, Finance and Tax Services, Parks and Recreation, Police, Fire, Public Works, Recycling, Richmond Utilities, and Section 8 Housing, delivered through both in-person offices at City Hall and digital channels including the Accela Citizen Access online portal and a mobile app.

Product overview

The City of Richmond, Kentucky operates as a municipal government providing comprehensive public services to approximately 41,724 residents. The city's digital offerings consist primarily of citizen-facing government services delivered through an Accela Citizen Access online portal for permits and planning/zoning, a mobile app for service access, and a revize-powered website. Core service departments include Building Inspections (permit review and construction oversight), Codes Enforcement (ordinance compliance), Finance and Tax Services (property taxes, business licenses), Planning and Zoning (land development), Parks and Recreation (facilities and programs), Police and Fire Departments, Public Works (infrastructure), Recycling, and Section 8 Housing. The city also maintains historical sites including White Hall Historic Site, Battle of Richmond Battlefield, and Irvinton House Museum. Services are delivered through both digital platforms and in-person at City Hall, with Board of Commissioners meetings broadcast on YouTube and Facebook.

Differentiator

Problem solved

Functional benefit

Products and services

• Building Inspection Services Enforces adopted building codes by reviewing construction plans, issuing permits, and completing inspections to ensure safety of citizens regarding building construction within the City of Richmond. Services include building, HVAC, and electrical permits with inspections by residential and commercial inspectors.
• Business Licensing Issues business licenses and ABC (Alcoholic Beverage Control) licenses for businesses operating within city limits, including applications, renewals, and compliance oversight.
• Planning and Zoning Oversees all development and land use in the City of Richmond, including applications for home occupations, firework certifications, short-term rentals, conditional use permits, variances, and zone map amendments.
• Parks and Recreation Maintains parks, facilities, and recreational programs including Lake Reba, Camp Catalpa, Irvine McDowell Park, Paradise Cove Aquatic Center, Adventure Falls Mini Golf, and various sports complexes. Includes special events, sports leagues, and community programs.
• Finance and Tax Services Maintains general accounting records, billing and collecting property taxes, fees and permits, and preparing financial reports. Handles net profit license fees, employer's quarterly returns, and transient room taxes.
• Police Department Full-service police agency providing law enforcement, community engagement, youth programs, and victim services for citizens of Richmond.
• Fire Department Provides life safety and fire protection services for the Richmond community with multiple divisions.
• Public Works Maintains streets, sanitation, and public infrastructure for the city.
• Codes Enforcement Oversees compliance of City Ordinances and the International Property Maintenance Code created by the International Code Council. Includes vacant property registration.
• Recycling Services Provides residential recycling collection with pickup schedules by street name and online sign-up for services.
• Richmond Utilities Provides utility services including natural gas, water, and bill payment processing through a separate utilities department.
• Section 8 Housing Administers federal Section 8 housing choice voucher program for low-income residents.
• Online Citizen Portal (Accela Citizen Access) Accela Citizen Access platform providing online submission of building permits, planning/zoning applications, code enforcement complaints, stormwater complaints, business license applications, and open records requests.
• Richmond KY Mobile App Mobile application for citizens to access city services and information.

Quantifiable outcome

• Population of 41,724 making it Kentucky's seventh-largest city

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Richmond Industrial Development Corporation (RIDC)coreStrategic or Co-development PartnerRIDC is the economic development arm of the City of Richmond, focused on industrial growth, business recruitment, and workforce development. The City Commission has an RIDC Board with meeting agendas and minutes tracked through city government.
• Madison County Extension OfficecoreStrategic or Co-development PartnerPartnership with the Madison County Extension Office and 4H to operate the Richmond Teen Center, providing mentoring programs sponsored by 4H grants since 2015.
• Madison County Special Olympics (MCSO)minorStrategic or Co-development PartnerParks & Recreation Department administers the Madison County Special Olympics offering basketball, track and field, bowling, softball, flag football, and golf for people with intellectual disabilities.
• Kentucky State Department of Housing, Building and ConstructioncoreTechnology or IntegrationBuilding Inspection Department enforces adopted building codes through contractual agreement with the State Department of Housing, Building and Construction.
• UnitedHealthcare, UMR and HealthSCOPE BenefitsminorOthersCity provides machine-readable files on negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers through these carriers for employee health benefits transparency.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• City of Hopkinsville, Kentucky: Western Kentucky city of similar size (~30,000) providing a comparable municipal service portfolio including police, fire, public works, building inspection, codes enforcement, and parks. Functions as a broader-incumbent peer within the same state.
• City of Bowling Green, Kentucky: Larger Kentucky city (~75,000) operating a broad municipal portfolio including utilities, transit, and a full planning/building/codes apparatus. Larger scale but functionally comparable in scope to Richmond's service mix.

Direct peers

• City of Covington, Kentucky: Northern Kentucky city of comparable population (~40,000) operating under a council-manager form of government with similar municipal service portfolios including police, fire, building inspection, planning and zoning, and parks and recreation. Closest demographic and structural peer to Richmond.
• City of Frankfort, Kentucky: Commonwealth capital of Kentucky with a similar population (~28,000) and full municipal service portfolio. Operates under a commission-manager form of government with extensive permitting, licensing, and public safety functions comparable to Richmond's.
• City of Winchester, Kentucky: Central Kentucky city of similar smaller-mid size (~18,000) operating a council-manager government providing police, fire, building inspection, planning and zoning, and parks and recreation services analogous to Richmond's portfolio.
• City of Berea, Kentucky: Adjacent Madison County city with comparable population (~16,000) and overlapping economic and tourism drivers (cultural attractions, college-town activity). Operates police, fire, public works, planning, and parks departments similar to Richmond.
• City of Florence, Kentucky: Northern Kentucky city of comparable size (~32,000) operating a full-service municipal government with planning and zoning, building inspection, public works, parks and recreation, and economic development functions mirroring Richmond's portfolio.
• City of Georgetown, Kentucky: Central Kentucky city of similar size (~37,000) with comparable service mix including utilities, building inspection, planning/zoning, and parks. Operates a council-manager government structure analogous to Richmond's.
• City of Nicholasville, Kentucky: Jessamine County seat adjacent to Fayette County with a similar population base (~32,000) and an analogous council-manager municipal structure providing police, fire, public works, planning, and parks services.

Others

• Madison County, Kentucky: The county government in which Richmond sits as the county seat. Operates overlapping but distinct services (county-level planning, extension office, special Olympics) and shares jurisdiction, tax base dynamics, and intergovernmental relationships with the City of Richmond.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@CityofRichmondKY
• Facebookfacebook.com/communityrichmondky
• LinkedInlinkedin.com/company/city-of-richmond-kentucky

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about City of Richmond, Kentucky