4/6/2022
1 RiversideCA.gov
1 RiversideCA.gov
FY 2022-2024 PRELIMINARY BUDGET
OVERVIEW
Riverside Public Utilities
City Council
April 18, 2022
RiversideCA.gov
2 Administration
Customer Service
Business Systems
Customer
Engagement
Finance
190.00 FTE
Energy Delivery
208.00 FTE
Power Resources
75.00 FTE
Water
165.00 FTE
DEPARTMENT FUNCTIONS
1 2
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2 RiversideCA.gov
3 PERSONNEL OVERVIEW – FTE BY FUND
Electric
473.00 FTE (74%)
Water
165.00 FTE (26%)
Department: 638.00 FTE
RiversideCA.gov
4 FY 2017/18
Actual
$26.23M FY 2018/19
Actual
$14.51M
FY 2019/20
Actual
$17.81M
FY 2020/21
Actual
$(4.90)M
FY 2021/22
Adopted
$2.23M
FY 2022/23
Proposed
$(21.88)M
FY 2023/24
Proposed
$(4.54)M
$(50)M
$(40)M
$(30)M
$(20)M
$(10)M
$-
$10M
$20M
$30M
$40M
$50M
Break Even
ELECTRIC FUND OPERATING HISTORY
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3 RiversideCA.gov
5 ELECTRIC FUND OPERATING BUDGET OVERVIEW
Charges for Services
$397.75M (97%)
Other
Financing
Sources
$0.49M (0%)
Misc
$10.86M
(3%)
FY 2022/23 Revenue FY 2022/23 Expenditure
Non-Personnel
$266.31M (60%)
Personnel
$71.90M
(16%)
Debt
Service
$58.18M
(13%)
General Fund
Transfer
$42.83M
(10%)
Special
Projects
$1.65M (0%)
Equipment Outlay
$1.73M (1%)
Net Charges To/From: ($11.73M)
RiversideCA.gov
6 ELECTRIC FUND OPERATING BUDGET OVERVIEW
FY 2023/24 Revenue FY 2023/24 Expenditure
Net Charges To/From: ($15.70M)
Charges for Services
$407.33M (97%)
Other
Financing
Sources
$0.49M (0%)
Misc
$13.72M
(3%)
Non-Personnel
$262.74M (60%)
Personnel
$73.97M
(17%)
Debt
Service
$58.55M
(13%)
General Fund
Transfer
$44.64M
(10%)
Special
Projects
$1.66M (0%)
Equipment Outlay
$0.23M (0%)
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7 ELECTRIC - PROPOSED CIP FY 2023 - 2027
(in millions)
22-23 23-24 24-25 25-26 26-27 Total
Overhead 5.1$ 8.2 $ 9.0 $ 10.4 $ 10.3 $ 43.0 $ Underground 7.8 14.1 14.1 16.3 15.0 67.3 Substation 5.9 13.0 11.3 14.4 15.1 59.7 Recurring / Obligation to Serve 15.2 14.4 15.6 16.6 17.7 79.5 System Automation 6.8 7.0 7.3 7.8 8.2 37.1 Total 40.8 $ 56.7 $ 57.3 $ 65.5 $ 66.3 $ 286.6 $ Proposed |-----Planning Purposes-----|
Does not include carryovers
RiversideCA.gov
8 1. Mandated State Charge – implemented by AB 1890
(1996) as part of the restructuring of California’s
electric utility industry
2. 2.85% min. charge on all electricity sales which can only be used to fund the following:
A. Energy Efficiency
B. Research, Design & Development (RD&D)
C.Low-Income Assistance
D. Renewable Energy
PUBLIC BENEFITS CHARGE OVERVIEW
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9 PUBLIC BENEFITS FUND BUDGET OVERVIEW
Charges for Services
$10.07M (94%)
Misc
$0.65M (6%)
FY 2022/23 Revenue FY 2022/23 Expenditure
Special Projects
$13.28M (89%) Charges
From Others
$1.66M (11%)
Debt Service
$0.01M (0%)
RiversideCA.gov
10 PUBLIC BENEFITS FUND BUDGET OVERVIEW
Charges for Services
$10.33M (88%)
Misc
$1.46M (12%)
FY 2023/24 Revenue FY 2023/24 Expenditure
Special Projects
$13.68M (89%) Charges
From Others
$1.70M (11%)
Debt Service
$0.01M (0%)
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11 FY 2017/18
Actual
$5.37M
FY 2018/19
Actual
$(0.61)M
FY 2019/20
Actual
$3.12M
FY 2020/21
Actual
$11.77M
FY 2021/22
Adopted
$4.77M
FY 2022/23
Proposed
$5.06M
FY 2023/24
Proposed
$5.78M
$(10)M
$(5)M
$-
$5M
$10M
$15M
$20M
Break Even
WATER FUND OPERATING HISTORY
RiversideCA.gov
12 WATER FUND OPERATING BUDGET OVERVIEW
Charges for Services
$84.31M (94%) Misc
$3.64M
(4%)
Rents
$1.71M
(2%)
Other Financing
Sources
$0.06M (0%)
FY 2022/23 Revenue FY 2022/23 Expenditure
Non-Personnel
$23.81M (29%)
Personnel
$24.83M (31%)
Debt Service
$24.08M (30%)
General Fund
Transfer
$7.98M (10%)
Special
Projects
$0.37M (0%)
Net Charges To/From: $3.58M
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13 WATER FUND OPERATING BUDGET OVERVIEW
FY 2023/24 Revenue FY 2023/24 Expenditure
Net Charges To/From: $2.86M
Non-Personnel
$24.22M (29%)
Personnel
$25.31M (31%)
Debt Service
$24.50M (30%)
General Fund
Transfer
$8.57M (10%)
Special
Projects
$0.38M (0%)
Charges for Services
$85.33M (93%) Misc
$4.48M
(5%)
Rents
$1.74M
(2%)
Other Financing
Sources
$0.06M (0%)
RiversideCA.gov
14 WATER - PROPOSED CIP FY 2023-2027
(in millions)
14 22-23 23-24 24-25 25-26 26-27 Total
Water Supply 3.3$ 2.2 $ - $ 1.0 $ 5.2 $ 11.7 $ Well Projects 3.9 2.5 4.1 2.6 5.9 19.0 Transmission Pipelines 6.3 9.8 5.9 1.2 1.9 25.1 Distribution Pipelines 11.4 12.4 15.2 14.2 18.1 71.3 Distribution Facilities 1.4 1.1 2.1 3.8 1.2 9.6 Treatment Plants 0.7 0.2 0.2 0.2 0.2 1.5 Reservoir Projects 0.3 - 0.3 - 0.3 0.9 System Automation 1.8 1.7 1.8 1.8 1.9 9.0 Total 29.1 $ 29.9 $ 29.6 $ 24.8 $ 34.7 $ 148.1 $ |-----Planning Purposes------|Proposed
Does not include carryovers
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15 1. On May 25, 2004, the City Council adopted the Water Conservation and Reclamation Surcharge
2. 1.5% min. of water usage charges for retail sales:
A. Conservation, education and water use efficiency
programs
B. Reclaimed water
C.Research, development and demonstration
programs
D. Low-Income Assistance
WATER CONSERVATION CHARGE OVERVIEW
RiversideCA.gov
16 WATER CONSERVATION FUND BUDGET OVERVIEW
FY 2022/23 Revenue FY 2022/23 Expenditure
Charges for Services
$1.14M (92%)
Misc
$0.10M (8%) Special Projects
$1.58M (76%)
Charges From
Others
$0.49M (24%)
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17 WATER CONSERVATION FUND BUDGET OVERVIEW
FY 2023/24 Revenue FY 2023/24 Expenditure
Charges for Services
$1.15M (84%)
Misc
$0.23M (16%) Special Projects
$1.14M (69%)
Charges From
Others
$0.50M (31%)
17