Page 222 - Moreno Valley 2025 Annual Financial Report

City of Moreno Valley

Property Tax Levies and Collections
Last Ten Fiscal Years

Collected within the Fiscal Collections in
Fiscal Year Ended Taxes Levied for Year of Levy Subsequent Total Collections to Date
June 30, the Fiscal Year Amount Percent of Levy (1) years Amount Percent of Levy

2016 $ 27,643,578 $ 27,249,232 98.57% $ 394,345 $ 27,643,578 100.00%

2017 28,476,155 28,270,448 99.28% 205,707 28,476,155 100.00%

2018 29,595,157 29,425,906 99.43% 169,250 29,595,157 100.00%

2019 30,459,787 30,334,346 99.59% 125,440 30,459,787 100.00%

2020 31,609,650 31,609,650 100.00% - 31,609,650 100.00%
2021 (2) 33,423,930 32,965,479 98.63% 458,450 33,423,930 100.00%

2022 35,239,398 34,720,200 98.53% 519,198 35,239,398 100.00%

2023 37,433,664 37,433,664 100.00% - 37,433,664 100.00%

2024 40,021,738 40,021,738 100.00% - 40,021,738 100.00%
191
2025 42,238,316 42,147,170 99.78% 91,146 42,238,316 100.00%

Notes:
(1) The City began participating in the “Teeter Plan” in FY 1993-94. The Teeter Plan adopted by the County of Riverside guarantees each participating city payment equal to 100% of the total tax value. Any
delinquencies and the associated penalties and interest are collected and maintained by the County. Not all City Districts participate in the Teeter Plan.

(2) Starting in fiscal year 2021, with the implementation of GASB 84, Custodial Funds receiving tax levies (Special Tax) are accounted for as liabilities, therefore, excluded from the Property Tax Levies and
Collections calculation.

Source: County of Riverside Auditor-Controller
City of Moreno Valley Financial and Management Services Department