Page 9 - Moreno Valley City 2025 PAFR

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PROPERTY TAX REVENUES
PROPERTY TAX in millions
The City’s most significant source of revenue is property tax paid by its
residents and businesses. Property taxes are largely determined by the State
of California but also include local (voter approved) special taxes and any
other county or city assessments. The County of Riverside collects property
taxes and disseminates the revenues to various taxing agencies.
$41 $43 $47 $52 $55
HOW ARE PROPERTY TAXES DETERMINED?
The County Assessor determines the value of your property, which is based FY 20/21 FY 21/22 FY 22/23 FY 23/24 FY 24/25
upon the cash or market value of your home at the time of purchase. By law,
this value increases no more than 2% per year until the property is sold or SALES TAX REVENUES
any new construction is completed, at which time it must be reassessed. in millions
After the Assessor has determined the property value, the County Auditor-
Controller applies the appropriate tax rates. A typical California property tax
bill consists of many taxes and charges, the largest of which is a 1% general
tax levy charged uniformly across the State.
SALES TAX $26 $41 $36 $38 $41
Sales tax collections generated the City’s second highest revenue
source in FY 24/25 at $41.2 million.
FY 20/21 FY 21/22 FY 22/23 FY 23/24 FY 24/25
STATE GENERAL FUND - MORENO VALLEY STATE LOCAL REVENUE
45% GENERAL FUND - FUND - 18% WHY SHOPPING LOCALLY IS IMPORTANT
Supports a wide variety of 23% Supports critical Supports various health and
programs, including K-12 local services including social service programs such Sales tax is a vital source of revenue for the City, used to pay for
education, higher education, public safety and as probation, mental health, many critical public services, such as emergency responders,
health and criminal justice infrastructure. drug and alcohol, and foster
programs. care programs. law enforcement, infrastructure improvements and other
COUNTY TRANSPORTATION STATE LOCAL PUBLIC government programs and services. Shopping locally helps
FUNDS - 8% SAFETY FUNDS - 6% keep your tax dollars in your community, and ensures those
Supports traffic congestion Supports local public dollars are reinvested many times over in everything from police
relief, traffic safety, and air safety programs.
quality improvement programs. and roads to trash pick-up and community programs.
WHERE DOES MY SALES TAX GO?

The sales tax rate inside the City limits of Moreno Valley is
8.75% of eligible sales. Of the 8.75%, 6% goes to the State
of California, with approximately 4% going to the State’s
General Fund and 2% going to State managed funds that
support local programs. The remaining 2.75% stays local,
with 2% supporting the City’s General Fund and 0.75%
supporting County of Riverside transportation funds.

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