Finance

Finance

City Property Taxes

Finance ImageResidents of the City of Riverside will see various line items included in their annual property tax bills that relate to services provided by the City and/or projects constructed by the City or private developers.

These line items are tied to specific parcels and are only included on the property tax bills for parcels that directly benefit from the particular services or projects. Ward maps are attached to each line item for additional reference to the location. The categories of special taxes and assessments that are included on property tax bills in the City are as follows and are described in more detail below:

  1. Community Facilities Districts (CFDs)
  2. Assessment Districts (ADs)
  3. Landscape Maintenance Districts (LMDs)
  4. City Services and Capital Projects

1. Community Facilities Districts (CFDs)

The Mello-Roos Community Facilities Act of 1982 provides cities with the authority to form Community Facilities Districts (CFDs) within their borders to finance the construction of public improvements and/or to provide municipal services. Items typically financed through the City’s CFDs include streets, sewers, storm drains, landscaping, and other infrastructure improvements. Formation of a CFD initially requires approval from two-thirds of the voters within the CFD boundaries, and the amount of special tax assessed to each parcel is determined via a formula that is established at the time of formation. The table below lists each active CFD administered by the City. Other agencies such as school districts may also have districts within the City’s borders.

District Purpose Final Year of Special Tax
CFD 92-1: Sycamore Canyon Infrastructure Construction 2034
CFD 2006-1: Riverwalk Vista Improvement Area 1 Infrastructure Construction 2043
CFD 2006-1: Riverwalk Vista Improvement Area 2 Infrastructure Construction TBD
CFD 2014-2: The Highlands Infrastructure Construction 2046
CFD 2006-1: Improvement Area 2 Infrastructure Construction 2046
CFD 2013-1 TBD TBD
CFD 2015-1 TBD TBD
CFD 2015-2 TBD TBD

2. Assessment Districts (ADs)

The Improvements Acts of 1911 and 1915 provide cities with the authority to form Assessment Districts (ADs) within their borders to finance the construction of public improvements and/or to maintain those improvements. Items typically financed through the City’s ADs include streets, sewers, storm drains, landscaping, and other infrastructure improvements as well as related maintenance. Formation of an AD initially requires approval from the voters within the AD boundaries, and the amount of special tax assessed to each parcel is determined via a formula that is established at the time of formation. The table below lists each active AD administered by the City. Other agencies such as school districts may also have districts within the City’s borders.

District Purpose Final Year of Special Tax
Auto Center Infrastructure Construction 2024
Riverwalk Infrastructure Construction 2026
Riverwalk Business Center Infrastructure Construction 2029
Hunter Business Park Infrastructure Construction 2036
Loving Homes Maintenance Maintenance of Improvements Continuous
Canyon Crest Maintenance Maintenance of Improvements Continuous

3. Landscape Maintenance Districts (LMDs)

Under the Landscaping and Lighting Act of 1972, the City has the authority to form Landscape Maintenance Districts (LMDs) within its borders subject to the approval of the impacted property owners via an election. The LMDs listed below have been formed for the purpose of maintaining landscaping and park facilities located within the boundaries of each district.

District Purpose Final Year of Special Tax
Riverwalk LMD Landscape/Parkway Maintenance Continuous
Highlander LMD (LMD #1) Landscape/Parkway Maintenance Continuous

4. City Services and Capital Projects

Certain City services are funded through assessments collected on property tax bills. The City’s voters approved Measure G funding construction of Fire Department facilities and Measure C funding Riverside Public Library services. The Street Light Assessment District provides funding for the operation and maintenance of streetlights throughout the City and was also approved by the City’s voters.

District Purpose Final Year of Special Tax
Riverside Debt Service Measure G Fire Facilities Construction 2024
Riverside Library Services Measure I Library Funding 2022 *
Riverside Lighting District Street Light Electricity Continuous
  * Subject to reauthorization by the voters

5. Assembly Bill 1666 Community Facilities District (CFD) and other Parcel Tax Reporting

AB 1666 (Government Code Section 53343.2) requires a legislative body, with an Internet site to within seven months after the last day of the fiscal year, to prominently display on its site a copy of various reports to increase transparency.  In compliance, please find below the California Debt and Investment Advisory Commission (CDIAC) report, the report provided to the State Controller’s Office pursuant to Government Code Section 12463.2 (AB 2109), the Annual Continuing Disclosure report as required by the bond issuance and a summary of current year revenues and expenses.  Further information is available on the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access website (EMMA.MSRB.Org)  

District CDIAC Report Controller AB 2109(A) Annual Disclosure Revenue & Expense
CFD 92-1 Sycamore Canyon
CFD 2006-1Riverwalk Vista: Improvement Area no. 1
CFD 2006-1Riverwalk Vista: Improvement Area no. 2
CFD 2014-2 The Highlands
CFD 90-1 Highlander(B)  N/A N/A N/A
Library Parcel Tax N/A N/A

 

(A)The AB 2109 statement uses the Cash Basis to report the revenue shown on item E.   Cash Basis reporting includes only revenue actually received during the reporting period.  Therefore revenue shown on item E may be composed of the final distributions of the prior assessment year (SS3 and SPY2) combined with the first distributions of the current year (SS1, SS2, and SPY1). Thus, the AB 2109 revenue will not agree with other reports that use the Modified Accrual Basis of accounting which includes revenue related to the current reporting period that may be received up to 60 days after the end of the period.  This typically allows for the inclusion of the final property tax distributions of an annual assessment and provides a clearer view of current year activities.  

(B)CFD 90-1 revenue is from the payment of delinquent special taxes that were levied prior to the maturing of the District’s Public Improvement construction bonds.  This district has expired and is no longer being levied. The City has previously sold these delinquencies which provided the CFD with the assessment proceeds at the time of sale.  This collection has been repaid to the funding agent of the delinquency sale.

District Lookup Tool

To find out what district(s) your property is located in, please enter your address below and click the "Find my Property" button.

  • On the page that is displayed, click the "View Map" button at the top of the page.
  • Select the "Finance Districts" layer using the "Layers" button to the left of the map.

Property Lookup

Is your property in Riverside? Just type in your address and we'll look it up for you!


Note: If we can't find the address, we'll take you to the Property Viewer so you can search for it.

For Additional information, please contact:

City of Riverside Property Tax Line, at (951) 826-5539
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