Page 227 - Moreno Valley 2025 Annual Financial Report

City of Moreno Valley

Ratios of Outstanding Debt by Type
Last Ten Fiscal Years

Governmental Activities Business-type Activities
Certificates Lease Total Lease Total Percentage
Fiscal Year of Revenue Notes and Lease Governmental Revenue Notes and Businesstype Total Primary of Personal Debt per
Ended June 30 Participation Bonds Other Payables SBITA Payables Activities Bonds Other Activities Government Income (1) Capita
2016 $ 20,000,000 $ 33,788,512 $ 2,838,000 $ - $ - $ 56,626,512 $ 36,713,979 - $ 36,713,979 93,340,491 2.54% $ 454

2017 19,391,245 32,324,572 1,800,000 - - 53,515,817 37,339,941 - 37,339,941 90,855,758 2.41% 439
2018 18,881,643 31,002,924 1,527,000 - - 51,411,567 36,185,829 - 36,185,829 87,597,396 2.24% 422

2019 18,347,041 29,630,276 1,245,000 - - 49,222,317 50,502,630 8,110,892 (2) 58,613,522 107,835,839 2.64% 518

2020 17,782,439 28,184,628 954,000 - - 46,921,067 49,308,523 8,089,757 57,398,280 104,319,347 2.32% 500

2021 19,830,000 26,682,981 649,000 - - 47,161,981 48,075,413 7,120,146 55,195,559 102,357,540 2.28% 489
2022 18,870,000 25,116,334 331,000 2,252,220 - 46,569,554 47,744,600 6,898,177 54,642,777 101,212,331 1.91% 483

2023 17,905,000 23,473,688 - 1,852,301 1,003,657 44,234,646 46,118,201 6,425,773 52,543,974 96,778,620 1.62% 465

2024 16,935,000 22,103,883 - 1,447,679 1,115,005 41,601,567 44,518,578 5,936,832 50,455,410 92,056,977 1.65% 444
2025 15,955,000 20,136,962 - 2,396,730 2,976,329 41,465,021 42,838,426 5,430,777 48,269,203 89,734,224 1.51% 426

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(1) These ratios are calculated using personal income and population for the prior year.
(2) In Fiscal Year 2019 the City and Moreno Valley Utility entered into an Equipment Lease/Purchase Agreement with Bank of America Leasing & Capital for the purchase and retrofit of streetlights.

Source: City of Moreno Valley Financial and Management Services Department
Riverside County Economic Development Agency
State of California Department of Finance