To plan for future stability and address current responsibility, the Riverside Financial Performance and Budget Committee developed a list of 10 markers that should evaluate the status of the city’s financial health. In their meeting this Friday, the committee will present its multi-measured diagnos
In a presentation to Riverside City Council next Tuesday, the city manager’s office will provide an update on how Priority Based Budgeting (PBB) is working for the city’s line items. The tool was approved earlier in 2020 as the preferred method of organizing the city’s budgeted items each fiscal yea
Riversiders will soon face the decision to keep the city’s General Fund Transfer (GFT) intact or stop it altogether. The GFT has existed in Riverside for nearly 100 years and was created so taxes from electricity and water bills would be shifted into the city’s general fund. The money called into qu
In November’s election, Riversiders may be asked to reauthorize a decades-old practice of transferring millions in utility payments to the city’s general fund. The city has been able to transfer money from electric utility to a general fund since Riverside first established a city charter in 1907. V
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