Find Riverside County California finance departments, DFS, and DOF. Finance departments provide information on financial services, finance, taxation, and banking.
Cathedral City Finance Department 68700 Avenue Lalo Guerrero Cathedral CA 92234 760-770-0356
Corona Finance Department 815 West 6th Street Corona CA 92882 951-736-2275
Hemet Finance Department 445 East Florida Avenue Hemet CA 92543 951-765-2330
La Quinta Finance Department 78495 Calle Tampico La Quinta CA 92253 760-777-7150
Palm Springs Finance Department 3200 East Tahquitz Canyon Way Palm Springs CA 92262 760-770-0356
Perris Finance Department 101 N D St Perris CA 92570 951-943-4610
Temecula City Finance Department 41000 Main Street Temecula CA 92590 951-694-6430
As a general rule, these funds are added to the entity's Fund Balance at the end of the fiscal year. The Fund Balance is the organization's reserve and may be referred to colloquially as a "rainy day" fund. In some cases, the entity's legislative body may direct the funds toward an unmet need, such as a capital improvement project.
General obligation bonds are bonds issued by a state, county, or local government that are backed by that entity's full faith and credit. This means that the government has guaranteed that it will generate tax revenues in order to pay back the bonds. General obligation bonds are commonly used for schools, roads, and other public improvements, and they are usually exempt from state and local taxes.
A Comprehensive Annual Financial Report (CAFR) is a document prepared by a governmental entity that includes its audited financial statements and additional financial and operational information about the organization. The CAFR meets standards set by the Governmental Accounting Standards Board.