It's the fifth Tuesday of March, so City Council will not meet. For Thursday, the preliminary fiscal year 2022-2024 biennial budget will be reviewed and the Planning Commission will look at a proposed 300-unit housing development.
Item 3: Providing input on the fiscal year 2022-2024 biennial budget
The budget engagement commission will have a special meeting Thursday to receive and provide input on the fiscal year 2022-2024 Biennial Budget. According to the general fund preliminary budget, Riverside expects to have over $310 million in revenues and over $305 million in expenditures for the 2022-2023 fiscal year. The city is expecting to receive over $50 million from the general fund transfer from the electric and water utility for that year.
According to the city’s preliminary Measure Z spending plan, the city is expected to take in over $76 million during the 2022-2023 fiscal year. A few of the expected expenses include $18.2 million for maintaining existing services, $11.3 million for additional sworn police positions, $5.8 million for fire and police vehicle replacement and maintenance, and $2.7 million for the new downtown main library.
Planning Commission
Item 5: Site plan review of mixed-use development
On Thursday, the commission will consider a site plan review for a mixed-use development that would have 300 multi-family residential units and 1,386 square feet of commercial retail space. The property is located off Massachusetts and Iowa Avenues and will be on the site of the former K-Mart shopping center.
Jonathan Linden is a freelance reporter covering politics for The Raincross Gazette. Jonathan graduated from Biola University with a B.A in journalism and also reports for 91.9 KVCR in San Bernardino.
City Council set to consider a 23-unit affordable housing project in La Sierra, a 24-station electric vehicle charging hub at the Riverside Airport, and the $2.4 million purchase of electric trucks for its fleet.
City Council does not meet this week. Potentially stricter rules for industrial development near neighborhoods and a review of the City’s homelessness outreach and cleanup spending are on committee and commission agendas this week.
