Programs

Riverside Public Utilities’ (RPU) Electric System delivers reliable, affordable power across the city’s 81.5 square miles, serving residential, commercial, industrial, agricultural, and municipal customers.

Committed to sustainability, RPU integrates renewable energy, invests in modern infrastructure, and maintains a resilient grid. To support these efforts, it strategically issues bonds to fund its long-term Capital Improvement Plan (CIP). The current CIP, through FY 2028-29, allocates $339 million for infrastructure modernization, system automation, substation upgrades, and ongoing maintenance. The 2024A Electric Revenue Bonds support this plan and align with City’s initiative to refinance debt when cost savings are possible.

The City of Riverside’s Sewer System ensures safe and efficient wastewater collection and treatment through 800 miles of gravity sewers and 19 lift stations supporting a population of over 300,000. Its network of pipelines, pump stations, and a state-of-the-art treatment facility meets regulatory standards while protecting local waterways.

To support system improvements, the City strategically issues bonds to fund its long-term Capital Improvement Plan (CIP). The current CIP, through FY 2028-29, allocates $14 million for infrastructure maintenance, capacity expansion, system rehabilitation, and advanced treatment technologies. These investments ensure reliable service, regulatory compliance, and long-term sustainability for the growing community.

Riverside Public Utilities’ (RPU) Water System has been owned and operated by the City since 1913, providing high-quality, locally sourced potable and non-potable water to nearly all residential, commercial, and industrial consumers within the city. To support system improvements, it strategically issues bonds to fund its long-term Capital Improvement Plan (CIP). The current CIP, through FY 2028-29, allocates $186 million for well projects, transmission pipelines, distribution facilities and meters, treatment plants, reservoirs, and system upgrades. The 2022A Water Revenue Bonds support this plan.

The Land-Secured Mello-Roos Special Tax Financing Program predominantly encompasses Mello-Roos or Community Facilities Districts (CFD) financings. The City periodically receives requests to create CFDs or other special districts for various types of infrastructure improvements related to these Districts. Bonds payable from special taxes within the CFD would be issued to finance such improvements.