city-of-riverside-seal

The city has agreed to pay $10 million back to its water utility to settle a lawsuit over the transfer of funds from water customers to the general fund.

April 15, 2013; 06:12 PM

Riverside will repay $10 million to the city utility’s water fund to help settle a lawsuit that contended officials illegally transferred millions of dollars from that account into the general fund over 16 years.

To read story by Alicia Robinson in The Press Enterprise, click here.