Riverside city’s transfer of money from the electric utility fund to the city’s general fund was approved by appellate court July 25.
The appellate ruling established that Measure C, which confirmed the practice in November 2021 with 16,127 yes votes to 13,455 no votes, was voted on during the proper election, in accordance with California tax law.
The city has transferred the funds since 1907, according to the appellate ruling. The transfer was responsible for $40 million of revenue, or 3.5% of the city’s annual budget, according to a city attorney report.
Suits timeline
In 2018, the city was sued in Parada