Issued approximately 211 water conservation residential rebates, totaling $148,128.
Issued approximately 35 water conservation commercial rebates, totaling $117,680.
Administered a water conservation poster contest for children from local schools to showcase their talents and learn more about resource management.
What do we plan to do in Fiscal Year 2025?
Continue to perform water conservation site visits.
Continue to assist customers with water pressure inquiries.
Continue to issue residential and commercial water conservation rebates.
Attend City and public events to educate the public on how to responsibly garden in Southern California by utilizing water conservation practices.
Continue administering a water conservation poster contest for children from local schools to showcase their talents and learn more about resource management.
Offer online landscape classes for businesses and individuals interested in learning more about landscaping in a water conscious manner through bewaterwise.com.
Provide facility tours to give residents and customers the opportunity to learn more about the Utility Department’s treatment plants and overall operations.
Continue to help convert potable landscape sites to reclaimed water landscape sites.
Service Adjustment Changes (Operating Budget)
Description Amount
1 FT Sustainability Supervisor 72,920
Master Valve, Flow Sensor, Pressure Regulator Rebate Program 10,000 New iPads and Surface Pro and wireless services 4,508
New Utility Truck lease 19,532
Tri State Seminar, ACE by AWWA, & D1 and T1 Certifications 13,100 Total $ 120,060
City of Corona | Proposed Budget Fiscal Year 2025 Page 354 Sustainability/Conservation
Budgeted Expenditures by Expense Type
Personnel Services (50.9%)
Contractual (31%)
Materials And Supplies (17.7%)
Utilities (0.5%)
Expense Objects
Personnel Services $279,176 $387,340 $451,229 $514,733 $63,504 14.1% Contractual $0 $1,264 $318,900 $313,301 -$5,599 -1.8%
Materials And Supplies $44,978 $105,119 $132,186 $179,408 $47,222 35.7% Utilities $4,968 $2,566 $2,700 $4,596 $1,896 70.2%
Total Expense Objects: $329,122 $496,289 $905,015 $1,012,037 $107,022 11.8% Name FY2022 Actual FY2023 Actual FY2024 Adopted FY2025 Proposed $ Change % Change City of Corona | Proposed Budget Fiscal Year 2025 Page 355 Utility Billing/Customer Care Budget Detail
What do we do?
The Utility Billing and Customer Care division serves customers with professionalism and respect while providing accurate billing and support related to water, sewer, reclaimed water, and electric consumption and services.
Goals & Objectives
What did we do in Fiscal Year 2024?
Handled 37,997 incoming customer calls.
Maintained a monthly average speed of answer of 59 seconds, which was below our goal of 1 minute and 59 seconds or less.
Surpassed goal of maintaining a monthly abandoned call rate of 8% with a 5% or less abandoned call rate all year.
Generated 555,855 utility bills for water, sewer, electric, and trash services for residential and commercial customers.
Processed 496,138 payments, totaling $109,672,979.
Enrolled 760 customers in electronic utility bill (eBill) during the fiscal year for a total of 6,116 eBill customers.
Enrolled 1,744 customers in the automatic payment program (AutoPay) during the fiscal year for a total of 13,741 customers enrolled in AutoPay.
Received $138,901 from the Low Income Household Water Assistance Program (LIHWAP) to provide 145 of our customers with assistance toward their outstanding water and Sewer charges. 23 of those applications were approved on site during a hosted pop-up event.
Received $1,135 from the Low-Income Home Energy Assistance Program (LIHEAP) to provide our customers with assistance toward their outstanding electric charges.
Processed $1,596,261 of bill credits from the California Extended Water and Wastewater Arrearage Payment Program (CWWAPP 2.0) to assist water and sewer customers with past-due balances incurred within the relief period.
Awarded a contract to Accelerated Innovations (MyMeter) to begin implementation of the new customer portal. The new web portal will be user-friendly and have more capabilities, including bill reminders, high usage notifications, and the ability for customers to view their daily usage.
Awarded a contract to Ferguson Waterworks/Neptune Technology to provide the equipment and software for the Advanced Metering Infrastructure (AMI) project. The completion of this project will result in real-time water use data.
The improved system will assist our customers and the Department in promptly identifying leaks that will augment water conservation efforts.
Implemented a customer satisfaction survey through Qualtrics to identify our customers’ needs within our department.
The survey result stated that customers find the staff friendly, knowledgeable, helpful, and professional.
Signed an agreement with Harris Computer Corporation through its Advanced Utility System to upgrade the billing system from version 3 to version 5.
Began processing all mailed payments in-house and eliminated the third-party lockbox services. This provides security that payments are processed same day they are received.
What do we plan to do in Fiscal Year 2025?
Maintain a monthly average speed of answer of 1 minute and 30 seconds or less.
Maintain a monthly abandoned call rate of 5% or less.
Increase the number of enrollments in eBill to 7,500 customers.
Increase the number of enrollments in AutoPay to 15,000 customers.
Award the meter installation contract for the AMI Project and begin implementation of the meter conversions.
Launch the upgraded utility billing software. This upgrade will provide improved functionality, added security, and increased efficiency which will enhance staffs’ productivity.
City of Corona | Proposed Budget Fiscal Year 2025 Page 356 Service Adjustment Changes (Operating Budget)
Description Amount
California Climate Credit 278,500
Total $ 278,500
Utility Billing/Customer Care
Budgeted Expenditures by Expense Type
Contractual (46.9%)
Personnel Services (36.4%)
Materials And Supplies (16.6%)
Utilities (0.1%)
Expense Objects
Personnel Services $1,043,769 $1,113,956 $1,575,613 $1,567,481 -$8,132 -0.5% Contractual $1,420,848 $1,494,888 $1,962,570 $2,020,420 $57,850 2.9% Materials And Supplies $232,130 $270,371 $405,666 $717,380 $311,714 76.8% Utilities $2,467 $1,909 $4,750 $5,259 $509 10.7%
Total Expense Objects: $2,699,214 $2,881,124 $3,948,599 $4,310,541 $361,942 9.2% Name FY2022 Actual FY2023 Actual FY2024 Adopted FY2025 Proposed $ Change % Change City of Corona | Proposed Budget Fiscal Year 2025 Page 357 Waste Disposal and Recycling Budget Detail
What do we do?
The Refuse/Recycling Program ensures efficient contract administration and oversight of solid waste and recycling services provided by Waste Management, our contracted waste and recycling hauler. We are dedicated to implementing and enforcing recycling program requirements to uphold environmental sustainability standards.
Goals & Objectives
What did we do in Fiscal Year 2024?
Secured approval for the Solid Waste Franchise Agreement with Waste Management, aligning services with SB1383 requirements to enhance waste management effectiveness.
Cohosted two community Household Hazardous Waste (HHW) collection events at City Hall serving 3,144 vehicles and safely collecting over 134 tons of hazardous waste for proper disposal.
Achieved a reduction in landfill disposal by over 35,000 tons compared to the previous calendar year, through promoting recycling, diversion strategies, and process improvements.
Achieved compliance with all components of SB 1383 including:
Meeting our Procurement target of recovered organic waste products for calendar year 2023.
Monitoring recycled content paper product purchases made by the City.
Conducting comprehensive education on SB 1383 requirements.
Engaged residents through education and outreach efforts, participating in public events to promote recycling, organic waste recycling, reuse, and waste reduction.
Monitored the City’s waste hauler’s performance and collaborated to identify and resolve service issues for the community.
What do we plan to do in Fiscal Year 2025?
Host two community Bulky Item Collection/Paper Shredding events at City Hall.
Ensure compliance with the remaining components of SB 1383 including:
Monitoring and enforcing our Edible Food Recovery program.
Conducting contamination monitoring on all waste streams.
Enforcing regulations as necessary.
Promote proper bulky item disposal and education to the community to reduce illegal dumping.
Continue to provide education and outreach by participating in public events to promote recycling, organic waste recycling, reuse, and waste reduction.
Continue to monitor the City’s waste hauler’s performance and collaborate to identify and resolve service issues for the community.
Continue efforts to reduce landfill disposal by promoting recycling, composting, and waste reduction techniques.
Service Adjustment Changes (Operating Budget)
Description Amount
1 FT Sustainability Supervisor 72,920
Bi-Annual Bulky Item Event Marketing, Organization, and Safety 9,802 HHW and Bulky Item Event safety equipment 2,100
Total $ 84,822
City of Corona | Proposed Budget Fiscal Year 2025 Page 358 Waste Disposal and Recycling
Budgeted Expenditures by Expense Type
Contractual (95.3%)
Personnel Services (3.8%)
Materials And Supplies (0.9%)
Utilities (0.01%)
Expense Objects
Personnel Services $114,443 $264,822 $353,661 $450,153 $96,492 27.3% Contractual $10,589,317 $10,832,841 $11,221,850 $11,228,299 $6,449 0.1% Materials And Supplies $110,989 $37,042 $89,773 $103,294 $13,521 15.1% Utilities $176 $977 $1,353 $1,683 $330 24.4%
Total Expense Objects: $10,814,925 $11,135,682 $11,666,637 $11,783,428 $116,791 1% Name FY2022 Actual FY2023 Actual FY2024 Adopted FY2025 Proposed $ Change % Change City of Corona | Proposed Budget Fiscal Year 2025 Page 359
APPENDIX
City of Corona | Proposed Budget Fiscal Year 2025 Page 360 Budget Glossary
ACRONYMS
AB Assembly Bill
ACFR Annual Comprehensive Financial Report
AD Assessment District
ADA Americans with Disabilities Act
AQMD South Coast Air Quality Management District
ARPA American Rescue Plan Act
ATMS Advanced Traffic Management System
AV Assessed Valuation
BID Business Improvement District
BTA Bicycle Transportation Account
CAP Cost Allocation Plan
CAL TRANS California Department of Transportation
CDBG Community Development Block Grant
CDTFA California Department of Tax and Fee Administration CEQA California Environmental Quality Act
CFD Community Facilities District
CHA Corona Housing Authority
CIP Capital Improvement Program
CMAQ Congestion Management and Air Quality
CNUSD Corona Norco Unified School District
COP Certificates of Participation
CPFA Corona Public Financing Authority
CPIC Corona Public Improvement Corporation
CUA Corona Utility Authority
DA Development Agreement
DAR Dial-A-Ride
DDT Dwelling Development Tax
DEV PD Developer Paid
ECB Expenditure Control Budget
FEMA Federal Emergency Management Agency
FHWA Federal Highway Administration
GASB Governmental Accounting Standards Board
HSIP Highway Safety Improvement Program
HUTA Highway Users Tax Account
IT Information Technology
KwH Kilowatt hour
LED Light-emitting diode
LMD Landscape Maintenance District
LTF Local Transportation Funding
MOU Memorandum of Understanding
NPDES National Pollutant Discharge Elimination System
OPEB Other Post-Employment Benefits
POB Pension Obligation Bond
PLHA Permanent Local Housing Allocation
PW Public Works
RCTC Riverside County Transportation Commission
RDA Redevelopment Agency
RTA Riverside Transit Agency
SB Senate Bill
SC South Corona
SCE Southern California Edison
STIP State Transportation Improvement Program
City of Corona | Proposed Budget Fiscal Year 2025 Page 361 TC Temescal Canyon
TE Transportation Enhancement
TIP Transportation Improvement Program
TOT Transient Occupancy Tax
TUMF Transportation Uniform Mitigation Fees
UAL Unfunded Accrual Liability
WRCRWA Western Riverside County Regional Wastewater Authority WRCOG Western Riverside Council of Governments
2012 Water Revenue Bond Fund (453): A fund to account for the advance refunding and refinancing of the 1998 Water Revenue Bonds, portion of the Corona Public Financing Authority 2003 Certificate of Participation and the construction of certain reservoir and blending facility on August 1, 2012. 2013 Wastewater Revenue Bonds Fund (454): A fund to account for the replacement and upgrade of Wastewater capital improvements.
Abandoned Vehicle Abatement Fund (241): A fund to account for abandoned vehicle abatement program to remove abandoned or inoperative vehicles on both public and private property.
Adult and Family Literacy Grant Fund (442): See Grants and Reimbursements.
Agency Funds: Fiduciary funds which are custodial in nature and are accounted for on the accrual basis of accounting. See Fiduciary Funds.
Airport Fund (275): A fund to account for all airport operating revenues, expenditures, and capital projects. Capital projects financed from this fund must benefit the Corona Municipal Airport.
American Rescue Plan Act (ARPA) Fund (413): On March 11, 2021, the president signed the American Rescue Plan Act (ARPA) into law. Under ARPA, the city received one-time allocation of approximately $29 million dollars to address negative economic impacts and revenue replacement in response to COVID-19.
Appropriation: An authorization made by the City Council, Agency, and/or Authority members which permits the City to incur obligations and to make expenditures of resources. Budgetary/operating fund appropriations lapse at the end of each fiscal year. Non‑operating fund appropriations continue in force until fully expended or until the City has accomplished or abandoned the purpose for which the City Council, Agency or Authority granted the funds. Spending cannot exceed the level of appropriation without the City Council's, Agency’s or Authority’s approval.
Aquatics Center Fund (216): See Development Impact Fee.
Assessed Valuation: The value established for real property for use as a basis in levying property taxes. For all agencies in the State of California, assessed value is established by the County for the secured and unsecured property tax rolls; the utility property tax roll is valued by the State Board of Equalization. Under Article XIII of the State Constitution (Proposition 13 adopted by the voters on June 6, 1978), properties are assessed at 100% of full value. Proposition 13 also modified the value of real taxable property for fiscal 1979 by rolling back values to fiscal 1976 levels. From this base of assessment, subsequent annual increases in valuation are limited to a maximum of 2%. However, increases to full value are allowed for property improvements or upon change in ownership. Personal property is excluded from these limitations and is subject to annual reappraisal.
Assessment Districts (AD): Under the Municipal Improvement Act that allows a designated area to pay the debt service on bonds sold to finance capital improvements installed by the City or a developer. The property owners receiving the benefit of the improvements pay an assessment on their property tax bills.
Asset Forfeiture Fund (250): A fund to account for asset seizures and forfeitures resulting from police investigations and court decisions. Asset Forfeiture funds are used for law enforcement purposes.
City of Corona | Proposed Budget Fiscal Year 2025 Page 362 Audit: Prepared by an independent certified public accountant, or CPA, the primary objective of an audit is to determine if the City’s Financial Statements fairly present the City’s financial position and results of operations in conformity with generally accepted accounting principles. In conjunction with their performance of an audit, it is customary for an independent auditor to issue a Management Letter stating the adequacy of the City's internal controls as well as recommending improvements to the City's financial management practices.
Bicycle Transportation Account Fund (445): State funds for City and County projects that improve safety and convenience for bicycle commuters in conjunction with the California Bicycle Transportation Act.
Bond: A security that represents an obligation to pay a specific sum of money on a specific date in the future, typically with periodic interest payments.
Budget: A financial plan for a specified period of time that matches planned revenues and expenditures to municipal services.
The City of Corona uses a financial plan covering one fiscal year from July 1 through June 30 of each year.
Budget Amendments: The City Council, Agency and/or Authority members have the responsibility for adopting the City's budget and may amend or supplement the budget at any time after adoption by majority vote. The City staff has the authority to approve line-item budgetary transfers between expenditure objects of the budget as long as those changes will not have a significant policy impact nor affect budgeted year-end fund balances.
Budget Message: Included in the opening section of the budget, the Budget Message provides the City Council and the public with a general summary of the most important aspects of the budget, changes from previous fiscal years, and the views and recommendations of the City Manager.
Budget Policies: General and specific guidelines adopted by the City Council that govern budget preparation and administration.
CAL-COPS Grant Fund (231): See Grants and Reimbursements.
California Department of Transportation (CAL TRANS): Funds received pursuant to various transportation grants through the State of California.
California Environmental Quality Act (CEQA): Enacted in 1970 as a system of checks and balances for land use development and management decisions. Projects falling under the guidelines of this act require an Environmental Impact Review, or EIR, that details the scope of the proposed project and all known environmental impacts.
Capital Improvement Program (CIP): A plan to provide for the maintenance or replacement of existing public facilities and assets and for the construction or acquisition of new ones. The CIP document identifies capital needs on a five-year basis.
Capital Project Funds: Funds used to account for financial resources used in the acquisition or construction of major capital facilities other than those financed by Proprietary Funds or Trust Funds.
CFD 97-1 Landscape Fund (248): See Community Facilities District.
CFD 2000-1 (Eagle Glen II) Fund (246): See Community Facilities District.
CFD 2001-1 Landscape Fund (249): See Community Facilities District.
CFD 2002-2 LMD Fund (247): See Community Facilities District and Landscape Maintenance District.
CFD/LMD 2002-3 Landscape Fund (251): See Community Facilities District and Landscape Maintenance District.
CFD/LMD 2011-1 Landscape Fund (253): See Community Facilities District and Landscape Maintenance District.
CFD 2016-2 Terrassa Special Tax Fund (255): See Community Facilities District.
CFD 2016-3 Zone 1 Monte Olivo (256): See Community Facilities District.
City of Corona | Proposed Budget Fiscal Year 2025 Page 363 CFD 2016-3 Zone 2 Boardwalk Fund (257): See Community Facilities District.
CFD 2016-3 Zone 3 Dollar Self (258): See Community Facilities District.
CFD 2016-3 Zone 4 515 S Promenade Fund (259): See Community Facilities District.
CFD 2016-3 Zone 6 Chung Fund (294): See Community Facilities District.
CFD 2016-3 Zone 7 Knowleton (296): See Community Facilities District.
CFD 2016-3 Zone 8 Karen Parker Fund (297): See Community Facilities District.
CFD 2016-3 Zone 11 Sierra Bella (219): See Community Facilities District.
CFD 2016-3 Zone 12 Lemon Grove (235): See Community Facilities District.
CFD 2016-3 Zone 13 Corona Industrial Pk Fund (239): See Community Facilities District.
CFD 2016-3 Zone 14 Louk Armstrong (286): See Community Facilities District.
CFD 2016-3 Zone 15 Northpoint Fund (287): See Community Facilities District.
CFD 2016-3 Zone 16 LA Fitness (262): See Community Facilities District.
CFD 2016-3 Zone 17 Corona Medical Center (263): See Community Facilities District.
CFD 2016-3 Zone 18 Corona Interchange Commerce Center (264): See Community Facilities District.
CFD 2016-3 Zone 19 Cresta Rd and Promenade Ave (265): See Community Facilities District.
CFD 2016-3 Zone 20 Bedford Market Place (266): See Community Facilities District.
CFD 2016-3 Zone 21 Christopher Ranch (267): See Community Facilities District.
CFD 2016-3 Zone 22 N Main Retail (268): See Community Facilities District.
CFD 2016-3 Zone 23 Fullerton Ave at Taber St (269): See Community Facilities District.
CFD 2016-3 Zone 24 West Coast Freeway Center (270): See Community Facilities District.
CFD 2016-3 Zone 25 Promenade District Center (271): See Community Facilities District.
CFD 2016-3 Zone 26 TM 36605/36608 (272): See Community Facilities District.
CFD 2016-3 Zone 27 Corona Tle (273): See Community Facilities District.
CFD 2016-3 Zone 28 Tennis Center (276): See Community Facilities District.
CFD 2016-3 Zone 29 TM 36821 (277): See Community Facilities District.
CFD 2016-3 Zone 31 Lat Business (279): See Community Facilities District.
CFD 2016-3 Zone 32 NH Sherborn St (280): See Community Facilities District.
CFD 2016-3 Zone 33 Oakmont Fund (281): See Community Facilities District.
CFD 2017-2 Valencia Special Tax Fund (238): See Community Facilities District.
City of Corona | Proposed Budget Fiscal Year 2025 Page 364 CFD 2018-1 Spec Tax B Bedford Fund (236): See Community Facilities District.
CFD 2018-2 Spec Tax B Sierra Bella Fund (237): See Community Facilities District.
Certificates of Participation (COP): Obligations of a public entity based on a lease or installment sales agreement. Payments to certificate holders may originate from the General Fund (in the case of a lease) or a special fund (in case of an installment sale).
Civic Center Fund (232): A fund to account for the operational and maintenance needs and rental income of the historic Civic Center.
Cogeneration: The process of converting methane gas produced by the sewage treatment process into a usable commodity for the generation of electricity to operate plant equipment, etc.
Community Development Block Grant (CDBG) Fund (431): A fund to account for federal grants from the Housing and Urban Development Department, or HUD, and expenditures for block grant programs as approved by the City Council. Funds are awarded to community-based agencies on an annual basis to carry out these activities.
Community Facilities District (CFD): A designated area for specific capital improvements installed by the city or a developer, or the maintenance of same. The property owners receiving the benefit of the improvements pay a special tax on their property tax bills.
Congestion Management Air Quality (CMAQ): Funds received under Intermodal Surface Transportation Efficiency Act, or ISTEA, that are discretionary allocated by Riverside County Transportation Committee, or RCTC.
Contingency: An appropriation of funds to cover unforeseen events that occur during the fiscal year, such as flood emergencies, federal mandates, shortfalls in revenue, and similar events.
Corona Mall Business Improvement District Fund (218): Fund to account for the utilities and maintenance of parking lots, sidewalks, and landscape improvements within the boundaries of the Corona Mall.
Corona Public Financing Authority (CPFA): A separate reporting and component unit which was organized under Section 6500 et seq. of the California Government Code on June 21, 1989, and was amended and re-stated on February 6, 2013, for the purpose of acting as a vehicle for various financing activities of the City and the Agency.
Corona Public Improvement Corporation (CPIC): A separate reporting and component unit which was organized pursuant to the Nonprofit Public Benefit Corporation Law of the State of California (Title 1, Division 2, Part 2 of the California Corporation Code) on April 7, 1986, for the purpose of providing financial assistance to the City for the benefit of the public.
Corona Revitalization Zone Fund (353): See Special Revenue Funds.
Corona Utility Authority (CUA): A separate reporting and component unit which was organized under Section 6500 et seq. of the California Government Code on February 6, 2002, and was amended and re-stated on February 6, 2013, for the purpose of acting as a vehicle for financing activities of the City and the Agency.
Corporation Yard Expansion Fund (477): A fund to account for the bond financing of the City’s Corporation Yard expansion facility project.
Cost Allocation Plan: The City of Corona uses the Office of Management and Budget Circular (OMB) A-87 as the guideline.
This circular provides principles and standards for determining costs applicable to federal grants and contracts performed by state, local, and Indian Tribal governments. Cost Allocation Plan is also known as indirect cost overhead or administrative service charges.
County Service Area 152 (NPDES) Fund (245): See National Pollutant Discharge Elimination System.
Debt Financing: Borrowing funds as needed and pledging future revenues to make current expenditures. The City of Corona uses debt financing in accordance with the adopted debt policy and procedures.
City of Corona | Proposed Budget Fiscal Year 2025 Page 365 Debt Service: Payments of principal and interest on bonds and other debt instruments according to a predetermined schedule (Reference 3xx series funds).
Debt Service Funds: Funds used to account for the payment of, and accumulation of resources for, long-term debt principal and interest.
Deficit: A shortfall of resources to meet expenditures.
Department: A major organizational unit of the City which has been assigned overall management responsibility for an operation or a group of related operations within a functional area.
Developer Paid (Dev Pd): As a condition of development, some capital facilities are required to be constructed and dedicated to the City by a developer. Major facilities paid for by developers are listed in the CIP.
Development Impact Fee: Funds created to provide for infrastructure projects through Development Impact Fees as per Ordinance 2300 and 2301, Chapter 16.23 of the Corona Municipal Code.
Direct Access Electric Utility Fund (576): A fund to account for the operation of the Direct Access Electric Utility, a selfsupporting activity which provides electric supply on a user-charge basis to residents, businesses, and government entities located in the City.
Drainage Fee Fund (212): See Development Impact Fee.
Dwelling Development Tax Fund (289): A fund to account for dwelling development taxes received from developers. This money is used to offset the burden resulting from new development.
Eagle Glen HOA Streetlight Fund (473): A designated area of Eagle Glen where property owners benefit from street lighting and are assessed to pay fees.
Encumbrance: Commitment of funds to purchase an item or service.
Enterprise Funds: Established to finance and account for the operation and maintenance of facilities and services which are predominately self-supported by user charges.
Errata Items: Budgetary items added after the proposed budget document was printed.
Expenditure: The outflow of funds paid, or to be paid, for an item obtained regardless of when the expense is actually paid.
Federal Emergency Management Agency (FEMA): Reimbursement for costs incurred due to incidents which have been declared a disaster by the federal government.
Federal Highways Administration - Emergency Relief (FHWA-ER): Funds received for disaster related damage to major thoroughfares.
Fiduciary Funds: Also known as, trust or agency funds; held in a fiduciary capacity by a governmental unit for individuals, organizations, or other governmental units, as an agent or trustee.
Fees for Services: Charges paid to the city by users of a service to help support the costs of providing that service.
Fire Facilities Fund (214): See Development Impact Fee.
Fire Wild Land Mitigation Fund (207): See Development Impact Fee.
Fiscal Year: A 12-month period for recording financial transactions. The City has specified July 1 through June 30 as its fiscal year.
City of Corona | Proposed Budget Fiscal Year 2025 Page 366 Fleet Operations Fund (682): A fund to account for motor pool/rental rates relating to fleet maintenance operations.
Fleet Replacement Fund (684): A fund to account for motor pool/rental rates relating to the replacement of fleet vehicles and other equipment.
Franchise Fee: A fee charged for the privilege of using public rights-of-way and property within the City for public or private purposes. The City currently assesses franchise fees on cable television, gas, electric, and refuse.
Fund: An accounting entity that records all financial transactions for specific activities or governmental functions.
Fund Balance: Also known as financial position, fund balance is the difference between assets and liabilities, and represents the cumulative effect of revenues and other financing sources over expenditures and other financing uses. Base on the extent to which the government is bound to honor constraints and the specific purposes for which amounts in the fund can be spent, fund balance is reported in the following classifications: nonspendable fund balance (inherently nonspendable), restricted fund balance (externally enforceable limitations on use), committed fund balance (self-imposed limitations on use), assigned fund balance (limitation resulting from intended use) and unassigned fund balance (residual net resources).
Gas Tax (2105-2106-Prop 42) Fund (222): A fund to account for receipts and expenditures of money apportioned under the Street and Highway Code of the State of California for money derived from the use of certain fuels and borne by the consumer, for transportation improvements. Effective July 2010, the fund also includes revenue received from the gasoline exercise tax which replaces the amount that would have been allocated from the Proposition 42 gasoline sales tax revenues.
The money is restricted to research, planning, construction, improvement, and maintenance of public streets. Effective November 2017, this fund will also include activity from the Road Repair and Accountability Act of 2017.
General Fund (110): The primary operating fund of the City where all revenues that are not allocated by law or contractual agreement are accounted for. With the exception of subvention or grant revenues restricted for specific uses, General Fund resources can be utilized for any legitimate governmental purpose. A limited number of capital improvements are financed from this source since its focus is to fund ongoing operations.
General Obligation Bond: A bond secured by the pledge of the issuer's full faith, credit, and usually, taxing power. Bonds issued through a governmental entity which have legal authority to levy a tax on real and personal property located with the governmental boundaries at any rate necessary to collect enough money each year to pay principal and interest due.
Governmental Accounting Standards Board (GASB): The Governmental Accounting Standards Board establishes and improves standards of state and local governmental accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the public, including issuers, auditors, and users of those financial reports.
Grants and Reimbursements: Funds received directly or indirectly from other governmental agencies for specific related activity and time period. Money awarded may be received in advance or as a reimbursement of activities.
Greenfield Electric Utility Fund (578): A fund to account for the operation and maintenance of the Greenfield Electric Utility, a self-supporting activity which renders bundled electric services on a user-charge basis to residents, businesses, and government entities located in the City.
Highway Users Tax Account (HUTA): State accounting for excise taxes on various transportation fuels. California motor vehicle fuel taxes include the gasoline tax, diesel fuel tax, and the use fuel tax. Allocations to cities and counties are based on the formulas outlined in the Streets and Highways code. See Gas Tax Fund.
Home Investment Partnership Program Fund (432): A fund to account for the Federal HOME Investment Partnership Program.
Housing Administration Fund (292): A fund to account for the administration of the housing program.
Information Technology Fund (681): An internal service fund used to finance and account for the activities of the Information Technology Department.
City of Corona | Proposed Budget Fiscal Year 2025 Page 367 Infrastructure: The physical assets of the City, i.e., streets, water, sewer, public buildings, parks, and the support structures within a development.
Interest Revenue: Revenues received as interest from the investment of funds not immediately required to meet cash disbursement obligations.
Interfund Charges: To account for services that are incurred in different funds than where they are charged.
Internal Service Funds: Funds used to improve the management of resources and generally provide goods and services to departments on a cost-reimbursement basis.
Landscape Maintenance District (LMD): A designated area, neighborhood, or community identified to specially benefit from certain improvements, such as parks, playgrounds, landscapes, sidewalks, lighting, trees, etc. Due to the special benefit, landowners in the identified area are assessed to pay the costs of the construction and/or ongoing maintenance of such improvements.
Liability Risk Retention Fund (687): An internal service fund used to finance and account for the City’s liability claims activity.
Claims expense, insurance premiums, and administrative expenses are collected in this fund.
Library Facilities Fee Fund (206): See Development Impact Fee.
Library Other Grants Fund (415): See Grants and Reimbursements.
Lighting Maintenance District: Funds to account for revenues derived from annual assessments which are used to pay the costs incurred by the City for street lighting maintenance in a specific district.
Line-Item Budget: A budget that lists detailed expenditure categories (salary, materials, telephone service, travel, etc.) separately, along with amounts budgeted for each specific category. The City uses a program budget rather than line-item budget, although detailed line-item accounts are maintained and recorded for financial reporting and control purposes.
LMD 84-1 Lighting Fund (446): See Lighting Maintenance District.
LMD 84-2 Zone 1 Fund (471): See Lighting Maintenance District.
LMD 84-2 Zone 2 Fund (455): See Lighting Maintenance District.
LMD 84-2 Zone 4 Fund (456): See Lighting Maintenance District.
LMD 84-2 Zone 6 Fund (457): See Lighting Maintenance District.
LMD 84-2 Zone 7 Fund (458): See Lighting Maintenance District.
LMD 84-2 Zone 10 Fund (460): See Lighting Maintenance District.
LMD 84-2 Zone 14 Fund (461): See Lighting Maintenance District.
LMD 84-2 Zone 15 Fund (462): See Lighting Maintenance District.
LMD 84-2 Zone 17 Fund (463): See Lighting Maintenance District.
LMD 84-2 Zone 18 Fund (464): See Lighting Maintenance District.
LMD 84-2 Zone 19 Fund (468): See Lighting Maintenance District.
LMD 84-2 Zone 20 Fund (470): See Lighting Maintenance District.
LMD 2003-1 Lighting Fund (252): See Lighting Maintenance District.
City of Corona | Proposed Budget Fiscal Year 2025 Page 368 Local Transportation Fund: A fund to account for money generated by Section 99400(a) of the Public Utilities Code. This money is used to maintain and construct local streets and roads.
Low Moderate Income Housing Asset Fund (291): A fund to account for revenue and expenditures related to affordable housing projects and programs.
Measure A Fund (227): A fund to account for the money generated by a Riverside County one-half percent sales tax originally approved by the voters in 1988. In 2002, the voters extended this sale tax through 2039. The money is used to maintain and construct local streets and roads.
Measure X Fund (120): A Fund to account for the voter approved 1% sales tax measure effective in July 2021. Revenue collected will provide additional locally controlled funds to address City services and community-expressed priorities.
Municipal: In its broadest sense, an adjective which denotes the state and all subordinate units of government. In a more restricted sense, an adjective which denotes a city or village as opposed to other local governments.
National Pollutant Discharge Elimination System (NPDES) Fund (245): A fund to account for money received from the County of Riverside for Service Area 152 relating to the permit program for discharges from storm drain systems.
Obligation Payment Fund (233): A fund to account for the money that is received by the county to pay for bonds, notes, certificates of participation, or other evidence of indebtedness, issued or delivered by the former redevelopment agency of the City.
Opioid Settlement Fund (293): A fund to account for National Opioid Settlements. Funds are intended to support various initiatives related to opioid remediation.
Ordinance: A formal legislative enactment by the City Council. It has the full force and effect of the law within City boundaries unless pre‑empted by a higher form of law. An Ordinance has a higher legal standing than a Resolution and is typically codified in a City's municipal regulation.
Other Post-Employment Benefits (OPEB): Benefits other than pensions, most commonly health care benefits. GASB Statement No. 45 requires agencies to account for financial obligations to pay retiree Other Post-Employment Benefits.
Park Development Fund (288): A fund to account for park development fees paid by developers under the Quimby Act for the acquisition and construction of public parks.
Parks and Open Space Fund (217): See Development Impact Fee.
Pension Obligation Bond (POB): Bonds issued in October 2021 to re-finance the City’s unfunded accrued liability with the California Pension Retirement System (CalPERS). The issuance of these bonds is anticipated to save $166 million in comparison to the amortization schedules provided by CalPERS.
Permanent Local Housing Allocation (PLHA) Fund (410): A fund to account for grants relating to Entitlement and Nonentitlement Local governments in California. Funds are used for housing-related projects and programs that assist in addressing the unmet housing needs of local communities.
Police Facilities Fund (213): See Development Impact Fee.
Program: A grouping of activities organized to accomplish basic goals and objectives.
Program Budget: A budget that focuses upon the goals and objectives of an agency or jurisdiction rather than upon its organizational budget units or line-item expenditures.
Property Tax: A statutory limited tax levy, which may be imposed for any purpose.
Proprietary Funds: Established to account for the financing of services rendered on a user-charge basis. See Enterprise Funds and Internal Service Funds.
City of Corona | Proposed Budget Fiscal Year 2025 Page 369 Proposition 1B-Local Streets and Roads Improvement, Congestion Relief, and Traffic Safety Account Funds: Approved by voters in November 2006, provides bond funds for a variety of transportation priorities, including $2 billion for cities and counties to fund the maintenance and improvement of local transportation facilities.
Public Meeting Facilities Fund (215): See Development Impact Fee.
Public Works Capital Grants Fund (243): See Grants and Reimbursements.
RDA Land Disposition Fund (441): A fund to account for transactions related to the management and maintenance of properties acquired by the former Redevelopment Agency until disposal by the Successor Agency.
RDA Successor Agency Fund (417): A fund to account for payments of enforceable obligations of the Successor Agency.
Real Property Transfer Tax: Real property transfer tax is collected by the County Tax Collector and is based on the value of property transferred.
Reclaimed Water System Fund (567): A fund to account for capital improvement projects necessary to construct the reclaimed water system.
Redevelopment Agency: A government body dedicated to urban renewal. Redevelopment efforts often focus on reducing crime, destroying unsuitable buildings and dwellings, restoring historic features and structures, and creating new landscaping, housing, business, and transportation opportunities. Effective February 2012, all redevelopment agencies throughout the State of California were dissolved. See Successor Agency.
Reimbursement Grants Fund (480): See Grants and Reimbursements.
Residential Refuse/Recycling Fund (260): A fund to account for residential refuse billings, collections, and payments to contractors.
Resolution: A special or temporary order of a legislative body (e.g., City Council or appropriate Agency / Authority) that requires less formality than an ordinance.
Revenue: Funds that the City receives as income. It includes such items as tax payments, fees from specific services, receipts from other governments, fines, forfeitures, grants, shared revenues, and interest income.
Revenue Bond: A bond payable solely from specific revenues, tax increment revenues, or tolls, charges or rents paid by users of the facility constructed with the proceeds.
Rideshare-Trip Reduction Fund (224): A fund to account for allocations made by AB2766 known as the Clean Air Act. The money is used to provide means and incentives for ridesharing to reduce traffic and air pollution.
Risk Management: An organized attempt to protect an organization’s assets against accidental loss in the most cost-effective manner.
Riverside County Transportation Commission (RCTC): The commission that allocates Riverside County's share of the money generated by the one-half percent sales tax.
Road Maintenance and Rehabilitation Account (RMRA) Fund (221): Special Revenue Funds supported by roads and gasoline taxes to fund street and road infrastructure.
Sales Tax: A tax on the purchase of goods and services.
SB 821 Transportation Grant Fund (244): Funds are state block grants awarded to local jurisdictions for bicycle and pedestrian projects in California. These funds originate from the state gasoline tax and are distributed to local jurisdictions through the regional transportation planning agencies. For Riverside County, the Riverside County Transportation Commission is responsible for distribution of these funds.
City of Corona | Proposed Budget Fiscal Year 2025 Page 370 Service Adjustment: Annual budget process for departments to request increases, additions and/or modifications to budget programs, positions, and equipment.
South Corona Landscaping Fund (274): See Development Impact Fee.
South Corona Major Thoroughfares Fund (261): See Development Impact Fee.
Special Assessment: A compulsory levy made against certain properties to defray part or all of the cost of a specific improvement or service deemed to primarily benefit those parties.
Special Assessment Bond: Bonds issued by cities, counties, authorized political subdivisions, and local districts secured by liens on benefited properties included in a special assessment district.
Special Charges/License and Permits: These charges are directly charged to individuals for specific services rendered by the City. They include charges to process or issue building permits and the cost to conduct engineering and planning reviews of any building project undertaken by a licensed contractor or private property owner.
Special Revenue Funds: Special Revenue Funds are used to account for the proceeds of specific revenue sources (other than expendable trusts, or major capital projects) that are legally restricted to expenditures for specified purposes.
State Airport Grant: A state grant restricted for use on specific airport capital improvements. See Grants and Reimbursements.
State Transportation Improvement Program (STIP): Federal funding of transportation projects.
Street and Traffic Signals Fund (211): See Development Impact Fee.
Subventions: Revenues collected by the state, or other level of government, which are allocated to the City on a formula basis. The major subventions received by the City from the State of California include motor vehicle in-lieu, cigarette taxes inlieu, and gasoline taxes.
Successor Agency: Based on the dissolution of redevelopment agencies throughout the State, an agency designated with the responsibility to wind down the activities of former redevelopment agencies. The City of Corona elected to be the Successor Agency for the former Corona Redevelopment Agency.
Successor Agency Administration Fund (475): A fund to account for the administration of the dissolution of former redevelopment activities.
Supplemental Funding (Decision Packages): Items that are funded outside the departmental budget targets.
Tax Allocation Bonds: Debt which is secured by tax increment revenue.
Temescal Canyon Fire Facilities Fund (209): See Development Impact Fee.
Temescal Canyon Police Facilities Fund (208): See Development Impact Fee.
Traffic Offender Fund (422): A Special Revenue Fund to account for money received for towing related activities. Funds are designated for use by the Police Department.
Transfers: To account for money that moves from one funding source to another funding source, for a specific purpose.
Transit Services Fund (577): A fund to account for operation of the City's transportation systems for a demand route service, (Dial-A-Ride), and a fixed route service, (Corona Cruiser), which receives grants from the Transportation Development Act, or TDA, and Urban Mass Transit Administration, or UMTA. The system contracts with outside vendors for the operation of its buses.
Transient Occupancy Tax: Transient Occupancy Tax is collected from the operators of hotels and motels located within the city limits of Corona. Ten percent of the total rent collected by a motel or hotel is remitted to the City.
City of Corona | Proposed Budget Fiscal Year 2025 Page 371 Transportation Enhancement (TE): Federal funding of transportation projects.
Transportation Improvement Program (TIP): Transportation funding plan issued annually by Western Riverside Council of Governments. See Transportation Uniform Mitigation Fees, or TUMF, WRCOG Fund.
Trust and Agency Funds: Also known as Fiduciary Fund Types, these individual funds are used to account for assets held by the City in a trustee capacity or as an agent for private individuals, organizations, or other governmental agencies. Agency funds are custodial in nature (assets equal liabilities) and do not measure the results of operations.
Transportation Uniform Mitigation Fees (TUMF) RCTC Fund (478): Funding of transportation projects where fees are collected by developers who build in Riverside County and allocated by the Riverside County Transportation Commission.
Transportation Uniform Mitigation Fees (TUMF) WRCOG Fund (479): Funding of transportation projects where fees are collected by developers who build in Riverside County and allocated by the Western Riverside Council of Governments.
US Department of Justice Grant Fund (411): See Grants and Reimbursements.
User Fees: The payment of a fee for direct receipt of a service by the party benefiting from the service.
Warehouse Services Fund (680): An internal service fund used to finance and account for the City’s centralized warehouse activity.
Water Capacity Fund (507): A fund to provide for the capital improvement projects necessary to expand the domestic water facilities to meet the demands of commercial, industrial, and residential growth.
Sewer Capacity Fund (440): A fund to provide for the capital improvement project associated with expansion of the sewers and the sewer facilities to meet the requirements of commercial, industrial, and residential growth.
Sewer Utility Fund (572): A fund to account for the operation and maintenance of the sewer utility, a self-supporting activity which renders services on a user charge basis to residents and businesses located in the City.
Water Utility Fund (570): A fund to account for the operation and maintenance of the water utility, a self-supporting activity which renders services on a user charge basis to residents and businesses located in the City.
Western Riverside County Regional Wastewater Authority (WRCRWA): A Joint Powers of Authority Agreement with the City and other local agencies to share in the capacity of a sewer facility.
Workers’ Compensation Fund (683): An internal service fund used to finance and account for the City’s workers' compensation activity such as claims expense, insurance, premiums, and administrative expenses. Additional funds held in this fund are to buffer for the impact of the unknown, but potential, losses.
City of Corona | Proposed Budget Fiscal Year 2025 Page 372