4/19/2024
1 RiversideCA.gov
1 RiversideCA.gov
FY 2024-2026 Biennial
Budget Workshop
Finance Committee
April 30, 2024
Finance Department
RiversideCA.gov
2 BUDGET PROCESS – THE JOURNEY SO FAR
Executive
Review
Baseline Budget
The Starting Point
Community Engagement
Ward Meetings
Department
Budget Proposals
What’s
Next
Budget
adoption
on June 25
Engagement and
feedback through
public meeting
bodies
Proposed
budget to
Council on
May 21
1 2
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2 RiversideCA.gov
3 YOUR MONEY. YOUR VOICE.
RiversideCA.gov
4 CITY MANAGER’S BUDGET PRIORITIES
City Infrastructure
Housing & Homelessness
Financial Stability
Growing the City’s Economy
Public Safety
3 4
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3 RiversideCA.gov
5 BUDGET STRATEGY
What do we need
just to maintain?
What can
we afford?
Where do we
want to get?
RiversideCA.gov
6 Citywide
Operating Budget
5 6
4/19/2024
4 RiversideCA.gov
7 General City Services
Electric Housing & HomelessnessPolice & Fire
WaterSenior ServicesCode Enforcement
RefuseEconomic DevelopmentStreets & Public Works
ParkingLibrary & MuseumsParks & Recreation
SewerCommunicationsVoting & Civic Engagement & 311
AirportCommunity CentersPlanning/Permitting
General Fund services
City Services
Enterprise Funds
RiversideCA.gov
8 Citywide Operating Budget
FY 2025/26
$1.34 Billion
FY 2024/25
$1.32 Billion
Electric Fund
$444.0M
33.6%
General Fund
$360.7M
27.3%
Measure Z
Fund
$104.7M
7.9%
Other Funds
$193.3M
14.7%
Public Parking
Fund
$9.4M
0.7%
Refuse Fund
$38.2M
2.9%
Sewer Fund
$73.2M
5.6%
Water Fund
$95.9M
7.3%
Electric Fund
$456.6M
34.2%
General Fund
$371.4M
27.7%
Measure Z
Fund
$102.2M
7.6%
Other Funds
$192.7M
14.4%
Public Parking
Fund
$9.7M
0.7%
Refuse Fund
$37.3M
2.8%
Sewer Fund
$75.1M
5.6%
Water Fund
$93.7M
7.0%
7 8
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5 RiversideCA.gov
9 Change
Proposed
FY 2025/26Change
Proposed
FY 2024/25*
Adopted
FY 2023/24Fund
2.00 1,587.99 56.09 1,585.99 1,529.90 101 - General Fund -173.25 1.25 173.25 172.00 110 - Measure Z Fund
-3.00 -3.00 3.00 170 - Development
-6.00 4.00 6.00 2.00 215 - Grants and Restricted Programs -4.00 -4.00 4.00 220 - CDBG-Community Development
-2.00 -2.00 2.00 260 - NPDES Storm Drain
-7.00 1.00 7.00 6.00 280 - Housing Authority
-473.00 -473.00 473.00 510 - Electric
-165.00 -165.00 165.00 520 - Water
-8.00 1.00 8.00 7.00 530 - Airport
-67.00 5.00 67.00 62.00 540 - Refuse
-121.00 3.00 121.00 118.00 550 - Sewer
-36.00 (12.25)36.00 48.25 560 - Special Transit
-23.00 4.00 23.00 19.00 570 - Public Parking
-5.00 -5.00 5.00 610 - Workers' Compensation Trust
-10.00 5.00 10.00 5.00 630 - Liability Insurance Trust
-9.00 -9.00 9.00 640 - Central Stores
-38.00 -38.00 38.00 650 - Central Garage
2.00 2,738.24 68.09 2,736.24 2,668.15 Grand Total
Citywide Personnel
* Includes 22.0 FTE approved by City Council during FY 2023/24 following the June 2023 adoption of the budget.
A total of 48.09 FTE are recommended to be added in the FY 2024-2026 proposed biennial budget.
RiversideCA.gov
10 General Fund
and
Measure Z
9 10
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6 RiversideCA.gov
11 Major Revenue Assumptions
Water GFT
Escrow
Property
taxes
5% annual
growth
$8.5M to $9.2M
revenue loss
Cannabis
Tax $500K to $1M
Sales Tax HdL projections,
2.1%-2.9% growth
March JPA
Revenues
Fees & Charges
Adjust per study
Helicopter Sale
$2M
• $2.7M ongoing: Property Tax,
Sales Tax, Transient Occupancy
Tax, Franchise Fees
• $4.78M Land Sales revenue
March JPA Revenues
3%
FY 24/25
growth 4%
FY 25/26
growth
Council Action Needed
• Cannabis Tax
• Fees & Charges
RiversideCA.gov
12 General Fund Five-Year Plan
ProjectedProjectedProjectedProjectedProjected(in millions) FY 2028/29FY 2027/28FY 2026/27FY 2025/26FY 2024/25 Revenue / Transfers In
$ 112.54 $ 107.18 $ 102.08 $ 97.21 $ 92.59 Property Taxes 106.04102.899.6796.5893.84Sales Tax
1.00 1.00 1.00 1.00 0.50 Cannabis Tax
51.4449.9348.2646.1343.65 Other Taxes
14.92 14.43 13.95 13.00 11.96 Licenses & Non-Developer Permits
22.0521.6621.2620.9020.50Fees & Charges for Services
1.651.651.651.655.13Other Financing Sources (Asset Sales)
17.0816.5516.0516.3216.25Other Revenue
52.3352.9250.5547.0244.88 General Fund Transfer - Electric
11.2610.539.839.188.52 General Fund Transfer - Water
2.582.252.674.354.76Use of Section 115 Trust Set-Aside
18.2718.2718.2718.2718.27Measure Z Transfer In
$ 411.16$ 399.17$ 385.24$ 371.61$ 360.85Total Revenues/Transfers In 11 12
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7 RiversideCA.gov
13 General Fund Five-Year Plan
ProjectedProjectedProjectedProjectedProjected(in millions) FY 2028/29FY 2027/28FY 2026/27FY 2025/26FY 2024/25 Expenditures / Transfers Out
$ 301.80 $ 292.40 $ 281.79 $ 270.42 $ 256.93 Personnel
(16.50)(16.35)(16.11)(15.89)(15.54)Vacancy Factor
28.1822.3719.4616.5711.38CalPERS UAL
-6.008.009.0012.00Section 115 Trust Contribution
92.2889.8487.4389.7192.95Departmental Budgets
2.502.502.50--Capital Maintenance
30.0829.3728.8128.2029.26Debt Service
(47.17)(46.01)(44.82)(43.67)(42.46)Charges to Others
8.738.528.358.107.81Transfers to Other Funds
$ 11.26 $ 10.53 $ 9.83 $ 9.18 $ 8.52 Water GFT Escrow
$ 411.16$ 399.17$ 385.24$ 371.62$ 360.85Total Expenditures/Transfers Out $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 Five-Year Financial Plan Surplus/(Deficit) RiversideCA.gov
14 General Fund Reserves
PROJECTED RESERVE BALANCES
Projected
Ending
Balance
Proposed
Adds/Uses
Beginning
Balance
(FY 23/24 Q2)
General Fund
$ 49.06$-$ 49.06Emergency Reserve (15%)
16.36-16.36Contingency Reserve (5%)
6.80(11.49)18.29Infrastructure Reserve (Projected)
5.00-5.00Technology Reserve
-(2.00)2.00Insurance Reserve
25.89(9.11)35.00Section 115 Trust Set-Aside (Projected) $ 103.11$ (22.60)$ 125.71Total General Fund
Other General Funds
$ 73.98$ 41.26$ 32.72Section 115 Trust Fund
5.00-5.00Measure Z Policy Reserve
$ 182.09$ 18.66$ 163.43Total Reserves – All General Funds 13 14
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8 RiversideCA.gov
15 Projected
FY 2028/29
Projected
FY 2027/28
Projected
FY 2026/27
Projected
FY 2025/26
Projected
FY 2024/25
Projected
FY 2023/24(in millions)
$ 95.59 $ 92.65 $ 89.80 $ 87.00 $ 84.52 $ 80.53 Revenue (94.83)(97.32)(99.99)(101.79)(104.47)(87.59)Expenditures Encumbrances & Carryovers
$ 0.76$ (4.67)$ (10.19)$ (14.79)$ (19.95)$ (7.06)Net Change in Fund Balance $ 2.32 $ 6.99 $ 17.18 $ 31.97 $ 51.92 $ 58.98 Beginning Available Balance
0.76(4.67)(10.19)(14.79)(19.95)(7.06)Net Change in Fund Balance Policy Reserve
$ 3.08 $ 2.32 $ 6.99 $ 17.18 $ 31.97 $ 51.92 Ending Available Balance Measure Z Spending Plan
The Measure Z Policy Reserve of $5M is maintained outside of the Spending Plan.
RiversideCA.gov
16 Measure Z
provides 20%
of combined
projected
revenues.
Measure Z Fiscal Impact
The Measure Z transfer to the General Fund ($18.3M)
accounts for more than 5% of General Fund revenue
and helps to sustain General Fund operations.
FY 2024/25 Proposed Budget
General
Fund,
$338M, 80%
Measure Z,
$85M, 20%
15 16
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9 RiversideCA.gov
17 Expenditures Overview
RiversideCA.gov
18 Combined General Fund Budget – FY 2024/25
Measure Z is tracked
separately but is a part of the
General Fund.
TOTAL
$447M
General Fund
$361M
Measure Z
$86M
Combined
General Fund Budget by Department Type
Non Departmental
$10 M
2%
Section 115 Trust
$12 M
3%
Capital Projects
$18 M
4%
Internal Service
$18 M
4%
Debt Service
$28 M
6%
Community Service
$122 M
27%
Police
$157 M
35%
Fire
$83 M
19%
Public Safety
$240 M
54%
17 18
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10 RiversideCA.gov
19 Combined General Fund Budget – FY 2025/26
Measure Z is tracked
separately but is a part of the
General Fund.
TOTAL
$448M
General Fund
$364M
Measure Z
$84M
Combined
General Fund Budget by Department Type
Non Departmental
$10 M
2%
Section 115 Trust
$9 M
2%
Capital Projects
$17 M
4%
Internal Service
$17 M
4%
Debt Service
$27 M
6%
Community Service
$122 M
27%
Police
$159 M
36%
Fire
$86 M
19%
Public Safety
$245 M
55%
RiversideCA.gov
20 $0 M
$20 M
$40 M
$60 M
$80 M
$100 M
$120 M
$140 M
$160 M
Public Safety
($239.8M)
Community Service
($123.2M)
Internal Service
($67.6M)
36.4%
($156.7M)
19.3%
($83.0M)
8.8%
($37.8M) 7.8%
($33.5M) 5.2%
($22.6M) 3.5%
($14.9M) 2.2%
($9.4M) 1.2%
($5.1M)
4.2%
($18.0M) 2.6%
($11.1M)
2.1%
($8.9M)
1.8%
($7.7M)
1.8%
($7.6M)
1.2%
($5.2M)
0.8%
($3.5M)
0.5%
($2.3M)
0.5%
($2.2M)
0.3%
($1.2M)
General Fund FY 2024/25 Departmental Budgets*
$431 Million
Where does the $ go?
* Excludes the allocation of Administration, Internal Support, and allocable Non-Departmental costs to receiving departments. 19 20
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11 RiversideCA.gov
21 $0 M
$20 M
$40 M
$60 M
$80 M
$100 M
$120 M
$140 M
$160 M
Public Safety
($244.9M)
Community Service
($123.4M)
Internal Service
($68.1M)
36.4%
($156.7M)
19.3%
($83.0M)
8.8%
($37.8M)
7.8%
($33.5M) 5.2%
($22.6M) 3.5%
($14.9M) 2.2%
($9.4M) 1.2%
($5.1M)
4.2%
($18.0M) 2.6%
($11.1M)
2.1%
($8.9M)
1.8%
($7.7M)
1.8%
($7.6M)
1.2%
($5.2M) 0.8%
($3.5M)
0.5%
($2.3M)
0.5%
($2.2M)
0.3%
($1.2M)
General Fund FY 2025/26 Departmental Budgets*
$436 Million
Where does the $ go?
* Excludes the allocation of Administration, Internal Support, and allocable Non-Departmental costs to receiving departments.
RiversideCA.gov
22 Who provides the services?
Positions by Department – FY 2024/25
Total 1,759.24 Budgeted Positions
0 100
200
300
400
500
600
700
Public Safety
886.25
50.4%
($190.9M)
Community Service
558.19
31.7%
($61.6M)
Internal Service
314.80
17.9%
($43.6M)
628.25
35.7%
($126.6M)
258.00
14.7%
($64.4M)
177.44
10.1%
($14.8M)
143.25
8.1%
($18.9M)
109.50
6.2%
($15.0M)
74.50 4.2%
($6.7M)
40.00 2.3%
($4.5M)
13.50 0.8%
($1.7M)
65.50 3.7%
($7.0M)
63.00 3.6%
($9.8M)
39.00 2.2%
($5.2M)
37.50 2.1%
($7.0M)
36.00 2.0%
($4.9M)
19.55 1.1%
($2.3M)
17.50 1.0%
($1.6M)
16.00 0.9%
($3.4M)
13.00 0.7%
($1.5M)
7.75 0.4%
($0.9M)
21 22
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12 RiversideCA.gov
23 Who provides the services?
Positions by Department – FY 2025/26
Total 1,761.24 Budgeted Positions
0 100
200
300
400
500
600
700
Public Safety
886.25
50.3%
($202.6M)
Community Service
559.19
31.7%
($66.4M)
Internal Service
315.80
17.9%
($47.2M)
628.25
35.7%
($133.5M)
258.00
14.6%
($69.0M)
177.44
10.1%
($15.8M)
143.25
8.1%
($20.4M)
109.50
6.2%
($16.3M)
74.50 4.2%
($7.2M)
40.00 2.3%
($4.8M)
14.50 0.8%
($1.9M)
65.50 3.7%
($7.7M)
63.00 3.6%
($10.6M)
39.00 2.2%
($5.6M)
37.50 2.1%
($7.5M)
36.00 2.0%
($5.1M)
19.55 1.1%
($2.5M)
17.50 1.0%
($1.7M)
17.00 1.0%
($3.8M)
13.00 0.7%
($1.7M)
7.75 0.4%
($0.9M)
RiversideCA.gov
24 Section 115 Trust
Smoothing Strategy
• Limited time to
plan/contribute
• $21M contributions in
preliminary budget, $35M
through FY 27/28
• Smooths annual
payments to $36.17M
• Offsets annual fiscal
impact >$11.7M
$-
$10
$20
$30
$40
$50
$60
2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 Millions
Total Required Payments vs. Smoothing Result
Total Required Payments Net General Fund Impact (Smoothing Result) 23 24
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13 RiversideCA.gov
25 Departmental Budgets
General Fund
(Combined Presentation)
RiversideCA.gov
26 Police
Major Changes to Budget
• New Police Radios $5.3M
partially offset by projected
$2M sale of helicopters
• Range & Firearms Training –
0.25 FTE increase
• Emergency Response – 1.0
FTE Programmer Analyst
$0M
$10M
$20M
$30M
$40M
$50M
$60M
$70M
$80M
Preliminary Biennial Budget
FY 24/25 - General Fund FY 24/25 - Measure Z
FY 25/26 - General Fund FY 25/26 - Measure Z
25 26
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14 RiversideCA.gov
27 Fire
Major Changes to Budget
• Administration & Operations
Personnel – 10.0 FTE increase
• First Watch Implementation –
Capturing Realtime Data &
Motorola Upgrade
• Westnet First-In Altering
System Upgrade
• Computer Replacement Plan
$0M
$10M
$20M
$30M
$40M
$50M
$60M
$70M
$80M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
RiversideCA.gov
28 Community & Economic Development
Major Changes to Budget
• Move Arts & Cultural Affairs to
Parks, Recreation & Community
Services
• One-Stop Shop Software Refresh
• Ohmio Inc Autonomous All-
Electric Shuttles Impact Studies &
Strategic Plans
• 2.0 FTEs – Real Property Agent &
2nd Deputy Director
$0M
$2M
$4M
$6M
$8M
$10M
$12M
$14M
$16M
$18M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
27 28
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15 RiversideCA.gov
29 Parks, Recreation & Community Services
Major Changes to Budget
• Welcoming Arts & Cultural
Affairs to PRCSD
• 13.34 FTE Additions
• Senior & Disabled
Programming
• Arts Grants Funding
• Community Events
$0M
$2M
$4M
$6M
$8M
$10M
$12M
$14M
$16M
$18M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
RiversideCA.gov
30 Library
Major Changes to Budget
• $500,000 Increase to Library
Materials
– Per capita amount increases
from $1.23 to $2.80 per resident
– State average $5.31 per capita
• 6.5 FTE Additional Staffing
– Expand Library programs
– Technology Support
$0M
$1M
$2M
$3M
$4M
$5M
$6M
$7M
$8M
$9M
$10M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
29 30
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16 RiversideCA.gov
31 Museum of Riverside
Major Changes to Budget
• 100th Anniversary Gala
– Sponsorship and ticket sales
anticipated
• Overtime funding to support
after-hours and weekend
events and programs
• Web developer in Marketing
– 50%
• 1.0 FTE in FY 2025/26 -
Marketing & Outreach
Coordinator
$0M
$.5M
$1.0M
$1.5M
$2.0M
$2.5M
$3.0M
$3.5M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
RiversideCA.gov
32 Public Works
Major Changes to Budget
• Landscape Maintenance
– Medians and general
• Removeable Bollards –
community safety
enhancement
• Traffic Signal Cabinet Art
Project
• 4.25 FTE increase – landscape,
storm drain, transportation
planning, signal maintenance,
traffic
$0M
$2M
$4M
$6M
$8M
$10M
$12M
$14M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
31 32
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17 RiversideCA.gov
33 City Council
Budget Highlights
• Personnel: 17.50 FTE
– 1.50 FTE Council Assistants per
Council member
• Ward-specific Non-Personnel
Budgets:
City Council
$0M
$0.5M
$1.0M
$1.5M
$2.0M
$2.5M
Preliminary Biennial Budget
FY 25 - General Fund FY 26 - General Fund
FY 2025/26FY 2024/25Item
$ 2,092$ 2,031Periodicals & Dues
6,0006,000Office Expense
5,1505,000Travel/Meeting
$ 13,422$ 13,031Total
RiversideCA.gov
34 Mayor
Budget Highlights
• U.S. Conference of Mayors
• Big City Mayors
• Community Relations:
– Sister Cities
– Multicultural Forum
– Long Night of Arts &
Innovation
– College Council of Riverside
– Big Tent Tour
– Art Project
$0M
$0.1M
$0.2M
$0.3M
$0.4M
$0.5M
$0.6M
$0.7M
$0.8M
$0.9M
Preliminary Biennial Budget
FY 25 - General Fund FY 26 - General Fund
33 34
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18 RiversideCA.gov
35 City Attorney
Major Changes to Budget
• Added 1.0 FTE Legal
Secretary; offset with
elimination of 0.5 FTE Law
Clerk.
• Software investment to
increase efficiency and
enhance customer service
levels to client departments.
$0M
$1M
$2M
$3M
$4M
$5M
$6M
$7M
$8M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
RiversideCA.gov
36 City Clerk
Major Changes to Budget
• Recodification of the
Riverside Municipal Code
• 1.0 FTE - Records Manager
• Election - November 5,
2024, for Inspector General
Ballot Measure
• Election – June 2, 2026, for
Wards 2, 4, and 6 City
Council Seats
$0M
$0.2M
$0.4M
$0.6M
$0.8M
$1.0M
$1.2M
$1.4M
$1.6M
$1.8M
Preliminary Biennial Budget
FY 25 - General Fund FY 26 - General Fund
35 36
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19 RiversideCA.gov
37 City Manager
Major Changes to Budget
• Extract Marketing &
Communications Division
New Department (17.55 FTE)
• 1.0 FYE Administrative
Analyst – grant support
• 1.0 FTE Senior Internal
Auditor – FY 2025/26
$0M
$.5M
$1.0M
$1.5M
$2.0M
$2.5M
$3.0M
$3.5M
$4.0M
$4.5M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
RiversideCA.gov
38 NEW - Marketing & Communications
Major Changes to Budget
• NEW - Department of Marketing
and Communications
• Visit Riverside - A Destination
Marketing Campaign
• Economic Development Brand
Audit and Strategic Marketing
Efforts
• RiversideTV Content Curation
• 1.0 FTE Deputy Director
$0M
$0.2M
$0.4M
$0.6M
$0.8M
$1.0M
$1.2M
$1.4M
Preliminary Biennial Budget
FY 25 - General Fund FY 26 - General Fund
37 38
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20 RiversideCA.gov
39 Finance
Major Changes to Budget
• Budget Office – 2.0 FTE Principal
Management Analysts – new
revenue generation, cost
savings opportunities
• Purchasing – 4.0 FTE
– Local Vendor Preference Policy
– Disadvantaged Business
Enterprises
– Vendor Management
– Contract Lifecycle Management
• Treasury – 0.50 FTE, workload
balancing
$0M
$5M
$10M
$15M
$20M
$25M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
RiversideCA.gov
40 General Services
Major Changes to Budget
• 1.0 FTE General Service
Worker dedicated to Fire
Department support
• Measure Z Increase from
$1.5M to $4M:
– $500,000 Deferred Maintenance
– $800,000 Repairs & Maintenance
– $1,200,000 Facilities Capital
Maintenance
$0M
$.5M
$1.0M
$1.5M
$2.0M
$2.5M
$3.0M
$3.5M
$4.0M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
39 40
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21 RiversideCA.gov
41 Housing & Human Services
Major Changes to Budget
• Homeless Services – new
ADA van
• Access Center Security –
cover extended weekend
hours
• PSET lease – Centralize staff
and accommodate new
partners
• Special Program budget
refinement
$0M
$1M
$2M
$3M
$4M
$5M
$6M
$7M
$8M
$9M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
RiversideCA.gov
42 Human Resources
Major Changes to Budget
• Talent Management / Learning
Management System
• Employee Experience
– Succession Planning
– Career Development
– Employee Engagement
– Employee Training
• Essential Job Functions Analysis
• Pre-employment Physicals and
Drug Screening
$0M
$1M
$2M
$3M
$4M
$5M
$6M
$7M
$8M
$9M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
Administration
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43 Innovation & Technology
Major Changes to Budget
• 10-15% increases to
software subscriptions (vs.
5% in the past)
• Technology Upgrade/
Replacement - $800,000 for
hardware and software
nearing end-of-life.
$0M
$1M
$2M
$3M
$4M
$5M
$6M
Preliminary Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
RiversideCA.gov
44 Major Enterprise Funds
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45 Proposed Operating Budgets
MAJOR ENTERPRISE FUNDS – OPERATING
Surplus /
(Deficit)
Outgoing
Resources
Incoming
Resources (in millions)
FY 2024/25
$ 9,605,214 $ 444,014,486 $ 453,619,700 Electric 2,942,016 95,912,284 98,854,300 Water
(3,141,364)38,042,057 34,900,693 Refuse
9,409,246 73,227,471 82,636,717 Sewer
991,504 9,436,845 10,428,349 Public Parking
$ 19,806,616$ 660,633,143$ 680,439,759Total
FY 2025/26
$ 28,952,885 $ 456,572,915 $ 485,525,800 Electric 12,818,004 93,718,471 106,536,475 Water
2,679 37,042,913 37,045,592 Refuse
3,278,085 75,055,389 78,333,474 Sewer
1,467,928 9,713,870 11,181,798 Public Parking
$ 46,519,581 $ 672,103,558 $ 718,623,139 Total RiversideCA.gov
46 Capital Budget
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47 Preliminary Biennial Capital Budget
FY 2025/26
$140.79 Million
FY 2024/25
$137.47 Million
General
Services
$2.0M
1.5%
Public Works
$40.5M
29.5%
Parks, Recreation &
Community Svcs
$4.1M
3.0%
Electric
$61.3M
44.5%
Water
$29.6M
21.5%
General
Services
$2.0M
1.4%Public Works
$32.0M
22.7%
Parks,
Recreation &
Community Svcs
$3.5M
2.5%
Electric
$68.7M
48.8%
Water
$34.6M
24.6%
RiversideCA.gov
48 Major CIP Projects
86 Projects Budgeted:
25 Transportation Projects (Street, Sidewalk, Bridge, & Traffic Maintenance & Improvements)
FY 2024/25
3 Sewer Projects
9 Public Parking Projects (Maintenance & Improvements)
30 Electric Projects
12 Water Projects
7 Other Projects (Parks, Buildings, Facilities, Storm
Drains, & Railroads)
FY 2025/26
23 Transportation Projects (Street, Sidewalk, Bridge, & Traffic Maintenance & Improvements)
4 Sewer Projects
2 Public Parking Projects (Maintenance & Improvements)
28 Electric Projects
13 Water Projects
5 Other Projects (Parks, Buildings, Facilities, Storm
Drains, & Railroads)
75 Projects Budgeted:
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49 Questions?
49