The major revenue sources for the City of Rialto are taxes, licenses and permits, revenues from other agencies, enterprise programs, and Use of Money and Property. The type of revenue and the source of the revenue determine the use and restrictions, if any, for the money. Different funds are established to manage the revenues and expenditures based upon the rules and guidelines established by the Generally Accepted Accounting Principals, the Government Accounting Standards Board, and the Federal, State, or County agencies funding the revenue. The list provides the major categories of revenues presented in the budget and audited financial reports.
Taxes The primary types of taxes are:
Transient Occupancy Tax (TOT)
Utility Users Tax
Licenses and Permits The primary licenses and permit revenue generators for the City are:
Permits for Building and Development
Revenue from other Agencies This includes, just to name a few:
State and County reimbursements
VLF revenues collected by the State for the City
Enterprise Programs These revenues are categorized as "Charges for Current Services" in the budget document. Includes the:
Recreation and Community Services
Utility Services (which includes water and wastewater services)
Use of Money and Property Includes revenues received from the sale or lease of property and interest on the investment of City Funds.
Development Impact Fees This is revenue that is generated from fees charged to developers who apply for building permits and/or tract maps. The fee is used to expand certain city facilities or infrastructure and services to accommodate new development.