CCA money · City
Pico Rivera
Member of Pico Rivera Innovative Municipal Energy (PRIME) since 2017-09 — source.
All Pico Rivera City Council meetings.
Read from the councils' own documents — check the source. Each figure was copied from a staff report, budget, financial statement or set of minutes, by a person or by a language model whose quote had to be found word for word in the document. Every figure links to the passage it came from; the city's original file is the official record. Updated 2026-10-20.
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Studying, joining or starting a CCA
| Date | CCA | Kind | Figure | What it is | Source |
|---|---|---|---|---|---|
| 2023-01-24 | Pico Rivera Innovative Municipal Energy (PRIME) | Study / start-up | $678,776 a year · city pays · actual / audited | Pico Rivera's PRIME program paid California Choice Energy Authority $678,776 for administration and energy procurement services in the fiscal year ended June 30, 2022. | passage · city original |
Loans, collateral and repayments
| Date | CCA | Kind | Figure | What it is | Source |
|---|---|---|---|---|---|
| 2023-03-28 | Pico Rivera Innovative Municipal Energy (PRIME) | Collateral | $147,000 city pays | City cash of $147,000 at River City Bank backed PRIME's letter of credit since 2020; a surety bond paid by Fund 560 replaces it. | passage · city original |
| 2023-03-28 | Pico Rivera Innovative Municipal Energy (PRIME) | Collateral | $25,000 a year · city backs · estimate / proposal | City would pay about $25,000 per year, up to $125,000 over five years, for a surety bond meeting PRIME's financial security requirement. | passage · city original |
Grants and projects paid by the CCA
| Date | CCA | Figure | What it is | Source |
|---|---|---|---|---|
| 2026-04-28 | Pico Rivera Innovative Municipal Energy (PRIME) | $50,000 city receives | $50,000 moved from the PRIME Fund budget to the Community Benefit Fund for the World Spirit Festival. | passage · city original |
| 2025-07-21 | Pico Rivera Innovative Municipal Energy (PRIME) | $300,000 city receives | Council appropriates $300,000 from the PRIME fund as the City's match for a Rivers and Mountains Conservancy park grant. | passage · city original |
| 2025-07-21 | Pico Rivera Innovative Municipal Energy (PRIME) | $200,000 city receives | Council appropriates $200,000 of PRIME fund balance as the City's match for a HUD grant (Whittier Boulevard Los Paseos). | passage · city original |