Financial Reports

Annual Budgets

RCA’s current approved annual budget is presented below. The FY 2023/24 budget contains components considered necessary to gain an understanding of the budget.

Investments

RCA invests its funds with the primary investment objectives, in priority order, of safety, liquidity, and return in accordance with an approved investment policy. Quarterly investment reports are submitted to the Board of Directors.

Financial Transaction Reports

Under Government Code Section 53891, all local agencies are required to submit reports of financial transactions to the California State Controller’s Office. The data compiled from this reports are available on the California State Controller’s website at www.bythenumbers.sco.ca.gov. State Controller’s Compensation Reports are also available on the California State Controller’s website at www.publicpay.ca.gov.

Annual and Five-Year Development Impact Fee Reports

The Annual and Five-Year Development Impact Fee Reports are required by California Government Code Section 66006 to provide information on the fees collected and the public improvements fees were expended for.