Annual Comprehensive Financial Report (ACFR)

The Annual Comprehensive Financial Report (ACFR) contains information that can be utilized to evaluate the City’s financial condition and its operational and fiscal accountability for the year. The ACFR consists of a comprehensive summary of the City’s finances and other relevant information for the audit year, including economic overviews, financial analyses, financial statement note disclosures, budgetary and other compliance schedules, and other statistical data. The ACFR is prepared in conformity with accounting principles generally accepted in the United States of America and is audited by the City’s independent auditors.

Measure A

In 1988, when voters approved Measure A, Riverside County’s first half-cent sales tax for transportation improvements, they set in motion a proactive response to growing congestion by spelling out a list of transportation projects to address the problem. RCTC has ensured that the $1 billion raised by Measure A from 1989 to 2009 made a significant difference on virtually every major roadway in the County. Commuter rail, public transit, and commuters also received benefits. In 2002, Measure A was extended by Riverside County voters. Now, Measure A will continue to fund transportation improvements through 2039. Click here to see the expenditure plan and ordinance. 

GANN Appropriations Limit

The appropriations limit calculated under Government Code 7902, often referred to as the Gann limit, was established by Proposition 4 in 1979. Simply put, the purpose of the limit is to keep inflation adjusted per-person government spending under 1978–79 levels. For LEAs, ADA is used to determine population.

While the appropriations limit does function as a limit on LEA spending, Government Code 7902.1(a) allows LEAs with proceeds of taxes in excess of their appropriation limit (e.g., LEAs who need additional limit) to request additional limit from the State of California. This request is automatically approved.

Quarterly Financial Reports

Quarterly financial reports are prepared for all City funds included in the City’s annual budget. The quarterly financial reports are reviewed and analyzed by the City as part of its fiscal monitoring review process. The quarterly financial reports are unaudited.

Air Quality Management District (AQMD)

The City of Murrieta is a member of the South Coast Air Quality Management District.  Their mission is to clean the air and protect the health of all residents in the South Coast Air District through practical and innovative strategies. 

The Western Riverside County Regional Conservation Authority (RCA) is a Joint Powers Authority (JPA) established to oversee the implementation of the MSHCP. Annually, RCA's independent auditor performs an Agreed-Upon Procedures to determine whether fees were collected and remitted by the City of Murrieta in accordance with the MSHCP Implementing Agreement and the JPA agreement.