Bonds

Program

Water Utility

Water Utility

CUSIP-6
769076

Water Program

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.

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There are currently no active bonds.
Moody’s
Aa2
Outlook
Stable
Date
Apr 2025
S&P
AA+
Outlook
Stable
Date
Dec 2022
Fitch
AA+
Outlook
Stable
Date
Dec 2022