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Investor Information

Welcome to the City of Riverside’s investor information page.  On this page you will find valuable information about the City and the various related entities that issue debt, including bonds, certificates of participation, notes, and other securities.  Each security listed below is unique and investors should therefore refer to the official statement and other documents provided for additional information specific to that security.  

Please be advised that all documents provided on this page are dated, and investors should not assume that any information provided below has been updated beyond the date of the document.  While material events and other critical information are disclosed by the City, the City is under no obligation to update all information provided in the documents.

The information provided on this page does not constitute an offer to sell or buy securities or the solicitation of an offer to sell or buy securities and should not be relied upon to provide specific offering information in connection with any issuance, sale, resale, or remarketing of bonds, notes, or other municipal obligations.  It is also not intended to replace any information or consultation provided by a professional financial advisor.  Other than the specific information presented herein, no other information on the City's website is intended to be the basis of or should be relied upon in making an investment decision.

The City of Riverside's General Obligation Issuer Rating: S&P Global Ratings (AA), Moody's Investors Service (Aa3), Fitch Ratings (AA)

General Fund Debt

Issue S&P Rating1 Fitch Rating1 Moody's Rating1 Official
Statement
Annual Disclosure Report2
2020A Taxable Pension Obligation Bonds AA AA- NR
2019B Lease Revenue Bonds (Main Library Project) AA- NR NR
2019A Lease Revenue Refunding Bonds (Federally Taxable - Galleria at Tyler Public Improvements) A NR NR
2017A Taxable Pension Obligation Refunding Bonds AA AA- NR  
2012A Lease Revenue Refunding Bonds AA- AA- NR
2008 Variable Rate Refunding Certificates of Participation (Riverside Renaissance Projects) A+ AA NR
2006 Lease Revenue Certificates of Participation (Galleria at Tyler Public Improvements) AA- AA- NR
2004 Election of 2003 General Obligation Bonds ( Fire Facility Projects) AA AA NR

Measure A (Transportation Sales Tax) Debt

Issue S&P Rating1 Fitch Rating1 Moody's Rating1 Official
Statement
Annual Disclosure Report2
2023 Local Measure A Sales Tax Revenue Refunding Certificates of Participation (2013 Riverside Pavement Rehabilitation Project) AA NR NR

Electric Utility

Issue S&P Rating1 Fitch Rating1 Moody's Rating1 Official
Statement
Annual Disclosure Report2

2024A Electric Revenue Bonds
AA- AA- NR
2023A Electric Revenue Refunding Bonds AA- AA- NR
2010A Electric Revenue Bonds (Federally Taxable Build America Bonds-Direct Payment) AA- AA- NR
2019A Electric Revenue Refunding Bonds AA- AA- NR

Sewer Utility

Issue S&P Rating1 Fitch Rating1 Moody's Rating1 Official
Statement
Annual Disclosure Report2
2015A Sewer Revenue Bonds Tax Exempt AA- NR Aa3
2018A Refunding Sewer Revenue Bonds AA- NR Aa3

Water Utility

Issue S&P Rating1 Fitch Rating1 Moody's Rating1 Official
Statement
Annual Disclosure Report2
2009A Water Revenue/Refunding Bonds Tax Exempt AA+ AA+ Aa2
2009B Water Revenue Bonds (Federally Taxable - Build America Bonds) AA+ AA+ Aa2
2011A Variable Rate Refunding Water Revenue Bonds AA+ AAA  Aa2
2019A Water Revenue Refunding Bonds AA+ AA+ NR
2022A Water Revenue Bonds AA+ AA+ NR

Redevelopment

Issue S&P Rating1 Fitch Rating1 Moody's Rating1 Official
Statement
Annual Disclosure Report2
2003AB Lease Revenue Refunding Bonds (State of California Dept of General Services Project) NR NR NR N/A
2014AB Successor Agency To The Redevelopment Agency Of The City Of Riverside Subordinate Tax Allocation Refunding Bonds Series A Exempt, Series B Taxable AA NR NR
2018AB  Successor Agency To The Redevelopment Agency Of The City Of Riverside Tax Allocation Refunding Bonds Series A Exempt, Series B Taxable AA NR NR

Community Facilities and Special Assessment Districts

Issue S&P Rating1 Fitch Rating1 Moody's Rating1 Official
Statement
Annual Disclosure Report2
2022A Community Facilities District No. 2015-2 (Pomelo) Special Tax Bonds NR NR NR
2020AB Community Facilities District No. 2015-1 (Orangecrest Grove) Special Tax Bonds NR NR NR
2016 Community Facilities District No. 2006-1 (Riverwalk Vista) Improvement Area No. 2 Special Tax Bonds NR NR NR
2016 Community Facilities District No. 2014-2 (Highlands) Special Tax Bonds NR NR NR
2013 Community Facilities District No. 2006-1 (Riverwalk Vista) Special Tax Bonds NR NR NR
2012 Riverside Auto Center Assessment District Limited Obligation Refunding Improvement Bonds NR NR NR
2011 Riverwalk Assessment District Limited Obligation Refunding Improvement Bonds NR NR NR
2006 Hunter Park Assessment District Limited Obligation Improvement Bonds (Property Secured Only - No Issuer Liability) NR NR NR
2005A Community Facilities District No. 92-1 (Sycamore Canyon Business Park) Special Tax Bonds NR NR NR
2004 Riverwalk Business Center Assessment District Limited Obligation Improvement Bonds (Property Secured Only - No Issuer Liability) NR NR NR

Notes:

  1. Underlying credit ratings as of August 26, 2021. Updates to the listed ratings are made whenever the City becomes aware of a ratings change
    • NR = Not Rated
    • INA = Information Not Available
  2. The annual disclosure report for the most recent fiscal year available is provided here. For additional historical annual reports please visit the Electronic Municipal Market Access database at http://emma.msrb.org.  N/A = Not Applicable

For additional information, please call the City's Finance Department:

Edward Enriquez, Assistant City Manager - 951-826-5660

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Address:
3900 Main St.
Riverside, CA 92522

Phone:(951) 826-5454
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