Page 213 - Moreno Valley 2025 Annual Financial Report

City of Moreno Valley

Tax Revenues by Source, General Fund
Last Ten Fiscal Years
(modified accrual basis of accounting)

Property Tax
In-Lieu of Business Cannabis
Vehicle License Transient License Documentary Business
Fiscal Year Property Fees Utility Users Sales Occupancy Franchise Gross Receipt Transfer Tax Total

2016 $ 12,679,455 $ 16,409,009 $ 15,824,481 $ 18,937,738 $ 1,416,343 $ 5,786,958 $ 2,249,400 $ 740,120 $ - $ 74,043,504

2017 13,593,075 17,430,250 15,613,484 18,395,442 1,852,584 5,673,110 2,291,816 719,514 - 75,569,275

2018 14,696,576 18,406,258 15,629,102 19,192,515 2,344,159 6,300,485 2,351,794 767,591 - 79,688,480

2019 15,623,696 19,577,636 15,483,806 21,208,442 2,433,358 6,585,791 2,451,261 833,082 - 84,197,072
2020 17,217,684 21,232,068 15,499,534 20,498,386 2,731,202 6,794,798 2,461,291 935,134 47,589 (1) 87,417,686

2021 18,473,330 22,738,372 16,361,233 25,723,709 3,638,959 7,176,916 2,664,404 739,434 1,229,029 98,745,386

2022 19,290,569 23,835,902 17,708,256 40,570,137 4,731,985 7,706,517 2,668,645 1,314,039 3,396,941 121,222,991

2023 21,268,854 25,938,708 19,501,114 36,161,809 4,787,129 9,045,784 2,959,202 954,975 3,183,652 123,801,227
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2024 23,928,256 28,131,102 19,496,246 37,811,351 4,281,245 9,018,642 3,018,980 633,336 2,930,638 129,249,796
2025 25,592,633 29,543,294 21,582,335 41,156,071 4,074,962 9,251,321 2,944,235 643,894 2,193,759 136,982,504

Change

2016 to 2025 102% 80% 36% 117% 188% 60% 31% (13%) n/a 85%

Notes:

(1) In Fiscal Year 2018-19 the voters approved the Cannabis Business Tax. Fiscal Year 2019-20 was the first year any businesses were subject to the tax.

Source: City of Moreno Valley Financial and Management Services Department