4/6/2022
1 RiversideCA.gov
1 RiversideCA.gov
FY 2022-2024 PRELIMINARY BUDGET
OVERVIEW
Finance Department
City Council
April 18, 2022
RiversideCA.gov
2 Administration
4.00 FTE
Treasury and
Debt Management
9.00 FTE
Business Tax
10.00 FTE
General Accounting
19.00 FTE
Budget Office
5.00 FTE
Purchasing
8.00 FTE
Risk Management
2.00 FTE
Central Stores
9.00 FTE
DEPARTMENT FUNCTIONS
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2 RiversideCA.gov
3 PERSONNEL OVERVIEW – FTE BY FUND
Liability
Insurance Trust
2.00 FTE (3%)
Central Stores
9.00 FTE (14%)
General Fund
55.00 FTE (83%)
Department: 66.00 FTE
RiversideCA.gov
4 GENERAL FUND BUDGET OVERVIEW
Net Charges To/From = $0.12M
Personnel
$6.27M (83%)
Non-Personnel
$1.27M (17%)
Equipment
Outlay
$0.01M (0%)
Net Charges To/From = $0.13M
FY 2022/23 Expenditures FY 2023/24 Expenditures
Personnel
$6.41M (83%)
Non-Personnel
$1.30M (17%)
Equipment
Outlay
$0.01M (0%)
2.5% of total
General Fund
Expenditures
2.5% of total
General Fund
Expenditures
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3 RiversideCA.gov
5 MEASURE Z SUPPORT
Item
# Description
FY 2022/23
Amount
FY 2023/24
Amount
22 Budget Engagement Commission Support $ 1,200 $ 1,200 BEC Support was shifted to the City Clerk’s Office in FY 2021/22. The residual amount remaining with Finance represents HdL tax consulting fees charged fo r monitoring, reporting, and projecting Measure Z tax revenue.
RiversideCA.gov
6 BUDGET HISTORY
GENERAL FUND AND MEASURE Z EXPENDITURES
$6.26M $6.59M $6.26M $5.86M $7.09M $7.68M $7.86M
$0.01M $0.03M $0.01M
$0.02M
$0.04M
$0.00M
$0.00M
$6.27M $6.62M $6.27M
$5.88M
$7.12M
$7.68M $7.86M
$-
$1.0M
$2.0M
$3.0M
$4.0M
$5.0M
$6.0M
$7.0M
$8.0M
$9.0M
FY 2017/18
Actual
FY 2018/19
Actual
FY 2019/20
Actual
FY 2020/21
Actual
FY 2021/22
Adopted
FY 2022/23
Proposed
FY 2023/24
Proposed
Measure Z
General Fund
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4 RiversideCA.gov
7 LIABILITY INSURANCE TRUST BUDGET OVERVIEW
Charges for Services
$11.15M (99%)
Misc.
$0.13M (1%)
FY 2022/23 Revenue FY 2022/23 Expenditure
Personnel
$0.55M (5%)
Non-Personnel
$6.37M (58%)
Charges from
Others
$3.82M (35%)
Special
Projects
$0.25M (2%)
RiversideCA.gov
8 LIABILITY INSURANCE TRUST BUDGET OVERVIEW
Charges for Services
$13.38M (99%)
Misc.
$0.13M (1%)
FY 2023/24 Revenue FY 2023/24 Expenditure
Personnel
$0.57M (5%)
Non-Personnel
$6.56M (58%)
Charges from
Others
$3.92M (35%)
Special
Projects
$0.25M (2%)
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9 CENTRAL STORES FUND BUDGET OVERVIEW
Charges for Services
$1.34M (100%)
FY 2022/23 Revenue FY 2022/23 Expenditure
Personnel
$0.86M (77%)
Non-Personnel
$0.10M (9%)
Charges
from Others
$0.10M (9%)
Debt Service
$0.06M (5%)
RiversideCA.gov
10 CENTRAL STORES FUND BUDGET OVERVIEW
Charges for Services
$1.34M (100%)
FY 2023/24 Revenue FY 2023/24 Expenditure
Personnel
$0.87M (76%)
Non-Personnel
$0.10M (9%)
Charges
from Others
$0.11M (9%)
Debt Service
$0.07M (6%)
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