City government · Riverside County, CA

Corona's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Corona took in $574 million and spent $602 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)46%City taxes32%Fines and other11%Federal tax money6.1%State tax money4.0%County and local tax money0.8%

What stands out

46%

of Corona's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 50,000+ people gets 30%.

City taxes32%

Other taxes
11%$65.0 million
What's in other taxesOther taxes not classified elsewhere; public utility taxes and 4 more
  • Other taxes not classified elsewhere$43.2 million
  • Public utility taxes$8.0 million
  • Other licenses$5.2 million
  • Occupation and business licenses$4.6 million
  • Other selective sales taxes$3.1 million
  • Real estate and stock transfer taxes$882 thousand

Amounts are by Census tax category.

Property tax
11%$63.8 million
Sales tax
9.9%$56.7 million

Fees for services46%

Fees for services
46%$262 million
What's in fees for servicesWater; sewer and 7 more
  • Water$130 million
  • Sewer$68.6 million
  • Other service charges$29.7 million
  • Electric power$18.3 million
  • Garbage collection$11.3 million
  • Parks and recreation$2.4 million
  • Transit fares$1.9 million
  • Airport$505 thousand
  • Road charges$19 thousand

Amounts are by Census type of charge.

Federal tax money6.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
6.1%$34.8 million

State tax money4.0%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
4.0%$23.2 million

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$4.4 million

Fines and other11%

Interest, rents and other
11%$62.2 million
Fines
0.3%$1.6 million

Where it goes

Water, sewer, trash and utilities36%Running the government and other costs17%Police, fire, courts and jails16%Roads, transit and parking13%Housing and community development5.4%All other spending14%

What stands out

4.8%

of Corona's spending goes to local governments.Most U.S. cities of 50,000+ people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
36%$214 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 2 more
  • Water supply$118 million
  • Sewer systems$69.5 million
  • Electric power$14.8 million
  • Garbage and solid waste$11.8 million
Running the government and other costs
17%$100 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$57.2 million
  • Other and not broken out$38.3 million
  • Finance, tax collection and budgeting$4.6 million
Police, fire, courts and jails
16%$95.0 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$59.2 million
  • Fire protection$33.0 million
  • Courts and legal services$2.1 million
  • Inspections and regulation$688 thousand
Roads, transit and parking
13%$78.5 million
What's in roads, transit and parkingRoads and highways; public transit and 1 more
  • Roads and highways$73.7 million
  • Public transit$4.6 million
  • Airports$196 thousand
Housing and community development
5.4%$32.5 million
Sent to other local governments
4.8%$28.7 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$25.5 million
  • Sent to the state government$3.2 million
Interest on debt
4.5%$27.0 million
What's in interest on debtInterest on water supply debt; interest on general debt and 2 more
  • Interest on water supply debt$15.2 million
  • Interest on general debt$11.6 million
  • Interest on electric power debt$181 thousand
  • Interest on public transit debt$53 thousand
Parks, recreation and libraries
3.3%$19.9 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$17.9 million
  • Parks and recreation$2.0 million
Health and hospitals
1.1%$6.4 million
What's in health and hospitalsPublic health
  • Public health$6.4 million
Sources and moreWhere these numbers come from and what they cover

City of Corona. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Corona itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.