5/9/2024
1 RiversideCA.gov
1 RiversideCA.gov
Proposed FY 2024-2026
Biennial Budget
City Council
May 21, 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
5/9/2024
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
5/9/2024
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
5/9/2024
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
5/9/2024
5 RiversideCA.gov
9 Citywide Personnel
Change
Proposed
FY 2025/26Change
Proposed
FY 2024/25*Change
Adopted
FY 2023/24Fund
2.001,587.9945.091,585.9911.00 1,529.90101 - General Fund - 173.25 1.25 173.25 - 172.00110 - Measure Z Fund -3.00-3.00-3.00170 - Development
- 6.00 4.00 6.00 - 2.00215 - Grants and Restricted Programs -4.00-4.00-4.00220 - CDBG-Community Development
- 2.00 - 2.00 - 2.00260 - NPDES Storm Drain -7.001.007.00 -6.00280 - Housing Authority
- 473.00 - 473.00 - 473.00510 - Electric -165.00-165.00-165.00520 - Water
- 8.00 - 8.00 1.00 7.00530 - Airport -67.00-67.005.00 62.00540 - Refuse
- 121.00 3.00 121.00 - 118.00550 - Sewer -36.00(12.25) 36.00-48.25560 - Special Transit
- 23.00 4.00 23.00 - 19.00570 - Public Parking -5.00-5.00-5.00610 - Workers' Compensation Trust
- 10.00 - 10.00 5.00 5.00630 - Liability Insurance Trust -9.00-9.00-9.00640 - Central Stores
- 38.00 - 38.00 - 38.00650 - Central Garage
2.00 2,738.24 46.09 2,736.24 22.00 2,668.15Grand Total * Proposed FY 2024/25 total includes 22.0 FTE approved by City Council during FY 2023/24 following the June 2023 adoption of the FY 2023/24 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
Projected
FY 2028/29
Projected
FY 2027/28
Projected
FY 2026/27
Projected
FY 2025/26
Projected
FY 2024/25(in millions)
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
Projected
FY 2028/29
Projected
FY 2027/28
Projected
FY 2026/27
Projected
FY 2025/26
Projected
FY 2024/25(in millions)
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 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) 13 14
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8 RiversideCA.gov
15 General Fund Reserves
Projected
Ending
Balance
Proposed
Adds/Uses
Beginning
Balance
(FY 23/24 Q2)
General Fund
$ 49.06 $ -$ 49.06 Emergency 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 $ 32.72 Section 115 Trust Fund
5.00-5.00Measure Z Policy Reserve
$ 182.09$ 18.66$ 163.43Total Reserves – All General Funds RiversideCA.gov
16 Measure Z Spending Plan
The Measure Z Policy Reserve of $5M is maintained outside of the Spending Plan.
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 51.92Ending Available Balance 15 16
5/9/2024
9 RiversideCA.gov
17 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%
RiversideCA.gov
18 Expenditures Overview
17 18
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10 RiversideCA.gov
19 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%
RiversideCA.gov
20 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%
19 20
5/9/2024
11 RiversideCA.gov
21 $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.
RiversideCA.gov
22 $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. 21 22
5/9/2024
12 RiversideCA.gov
23 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)
RiversideCA.gov
24 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)
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
Proposed Biennial Budget
FY 24/25 - General Fund FY 24/25 - Measure Z
FY 25/26 - General Fund FY 25/26 - Measure Z
25 26
5/9/2024
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
Proposed 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
Proposed Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
27 28
5/9/2024
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
Proposed 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
Proposed 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
Proposed 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
Proposed Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
31 32
5/9/2024
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
Proposed 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
• Advocacy
– $300M+ State/Federal support
– 400+ letters of support
• Public Policy
– Reformed mental healthcare
laws, first in 50+ years
• Community Relations:
– 1300+ certificates
– 200+ Proclamations
– 11,000+ Calls for services
– 500+ Public events/outreach
– 25+ Delegation visits
$0M
$0.1M
$0.2M
$0.3M
$0.4M
$0.5M
$0.6M
$0.7M
$0.8M
$0.9M
Proposed Biennial Budget
FY 25 - General Fund FY 26 - General Fund
33 34
5/9/2024
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
Proposed 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
Proposed Biennial Budget
FY 25 - General Fund FY 26 - General Fund
35 36
5/9/2024
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
Proposed Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
RiversideCA.gov
38 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
Proposed Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
37 38
5/9/2024
20 RiversideCA.gov
39 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
Proposed Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
RiversideCA.gov
40 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
Proposed Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
39 40
5/9/2024
21 RiversideCA.gov
41 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
RiversideCA.gov
42 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
Proposed Biennial Budget
FY 25 - General Fund FY 25 - Measure Z
FY 26 - General Fund FY 26 - Measure Z
41 42
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22 RiversideCA.gov
43 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
Proposed Biennial Budget
FY 25 - General Fund FY 26 - General Fund
RiversideCA.gov
44 BACKGROUND
2020
15 FTE /
2.55 PT
2015
9 FTE
The Marketing and
Communications function
separated from Economic
Development and became
housed in the Office of the
City Manager.
COVID-19 dramatically
increases online broadcast of
all City meetings, public
communications, and
increased demand for
Marketing & Communications.
Mission expansion of Marketing &
Communications to include a
greater role in Economic
Development, RiversideTV, crisis
communications, branding, social
media, City events, tourism, and the
external promotion of Riverside.
2023
15 FTE /
2.55 PT
Creation of standalone Department of Marketing & Communications (MarComm), providing greater transparency of activities and budget allocations/expenditures, and focused leadership on branding the City, Economic Development, and connecting with community members. 2024
17 FTE /
2.55 PT
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45 AREAS OF EXPERTISE
Graphic
Design
Social
Media
RiversideTV
Community
Calendar
Photography
Electronic
SignsWebsite
Email
Marketing
RPU Project
Communication
Local
Outreach
Media
Relations
AREAS OF EXPERTISE
RiversideCA.gov
46 COMMUNICATIONS
~1,060
Graphics Projects
365,000
Subscribers
7M+
577
Total Video
Productions
350
Meetings
Broadcasted
35 Football
Games
152 Other Videos
75 Live Feeds
Webpage
Views
Social Media Reach
Across All Social Media Accounts
20,004,083
42%
Email Engagement Rate
45 46
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24 RiversideCA.gov
47 MARCOMM STRATEGIC GOALS
Brand Development
and Enhancement
Economic Development
Promotion
Human Capital Expansion
for External Collaboration
Digital Presence and
Social Media Management
Media Innovation
and Expansion
Data Analytics and
Performance Metrics
Tourism Promotion and
Destination Branding
RiversideCA.gov
48 Major Enterprise Funds
47 48
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49 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
(3,311,375)38,212,068 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
(221,909) 37,267,501 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
50 Electric Fund
Budget Highlights
• Operating Gain
– FY 24/25: $9.6M
– FY 25/26: $29.0M
• Use of Bond Proceeds
– FY 24/25: $47.1M
– FY 25/26: $49.0M
• Reserves
– Will fall below minimum levels,
recover FY 26/27 – consistent
with approved rate plan
– Designated Dark Fiber
$453.6M $485.5M
$444.0M $456.6M
$61.3M $68.7M
$0.0M
$100.0M
$200.0M
$300.0M
$400.0M
$500.0M
$600.0M
FY 25 FY 25 FY 26 FY 26
Proposed Biennial Budget
Operating Revenue Operating Expense Capital Projects
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51 Water Fund
Budget Highlights
• Operating Gain
– FY 24/25: $2.9M
– FY 25/26: $12.8M
• Use of Bond Proceeds
– FY 24/25: $21.0M
– FY 25/26: $30.1M
• Reserves
– Will remain within policy levels
$98.9M $106.5M
$95.9M $93.7M
$29.6M $34.6M
$0.0M
$20.0M
$40.0M
$60.0M
$80.0M
$100.0M
$120.0M
$140.0M
FY 25 FY 25 FY 26 FY 26
Proposed Biennial Budget
Operating Revenue Operating Expense Capital Projects
RiversideCA.gov
52 Refuse Fund
Budget Highlights
• Operating Projection
– FY 24/25: $3.3M deficit
– FY 25/26: $210,000 deficit
• RubiconSmartCity Solid
Waste Technology
• Tequesquite Landfill - $1.5M
• Reserves
– Drawdown in both budget
years
– Breakeven projected in FY
26/27 (three years)
$34.9M $37.0M$38.2M $37.3M
$0.0M
$5.0M
$10.0M
$15.0M
$20.0M
$25.0M
$30.0M
$35.0M
$40.0M
$45.0M
FY 25 FY 25 FY 26 FY 26
Proposed Biennial Budget
Operating Revenue Operating Expense
51 52
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53 Sewer Fund
Budget Highlights
• Operating Gain
– FY 24/25: $9.4M
– FY 25/26: $3.3M
• Rising Costs
– Chemical supplies
– Biosolids removal and
transport
• Reserves
– Will remain with policy levels
– FY 24/25: $462,000 drawdown
– FY 25/26: $467,000 drawdown
$82.6M $78.3M
$73.2M $75.1M
$9.9M $3.8M
$0.0M
$10.0M
$20.0M
$30.0M
$40.0M
$50.0M
$60.0M
$70.0M
$80.0M
$90.0M
FY 25 FY 25 FY 26 FY 26
Proposed Biennial Budget
Operating Revenue Operating Expense Capital Projects
RiversideCA.gov
54 Public Parking Fund
Budget Highlights
• Operating Gain
– FY 24/25: $1.0M
– FY 25/26: $1.5M
• “Parking Your Way” program
– Presents both higher revenues
and higher costs
– Add 4.0 FTE
• Reserves
– FY 24/25: $544,000 drawdown
– FY 25/26: $570,000 increase
$10.4M
$11.2M
$9.4M $9.7M
$1.5M $0.9M
$0.0M
$2.0M
$4.0M
$6.0M
$8.0M
$10.0M
$12.0M
FY 25 FY 25 FY 26 FY 26
Proposed Biennial Budget
Operating Revenue Operating Expense Capital Projects
53 54
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55 Capital Budget
RiversideCA.gov
56 Proposed 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%
55 56
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57 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:
RiversideCA.gov
58 That the City Council:
1. Receive and provide input on the proposed Fiscal Year 2022-2024 Biennial Budget; and
2. Set a public hearing date for adoption of the proposed Fiscal Year 2022-2024 Biennial Budget on June 25, 2024.
Recommendations
57 58