Riverside Unified School District

The Riverside Unified School District produces several financial reports each year. The first and most comprehensive is the Annual Financial and Audit Report. This report is produced by the District's external auditors in conjunction with District staff. It is released each December for the year ending the prior June 30. The District also produces the annual Unaudited Actuals report each September for the fiscal year ending the prior June 30. This report precedes the audit report and is the basis of all state reporting of District financial data. During the fiscal year (July 1-June 30) the District also produces at least two Interim Financial Reports each year - the First Period Interim Financial Report for the period ending October 31, and the Second Period Interim Financial Report for the period ending January 31. These interim reports are part of the fiscal oversight provided for California school districts under Assembly Bill 1200 (1992) / Assembly Bill 2756 (2004).

Assembly Bill 1200 (1992) / Assembly Bill 2756 (2004) mandates that the Riverside Unified School District discloses the financial and other terms of negotiated settlements with our employee associations.

The Riverside Unified School District issues bonds and other financial debt instruments on a periodic basis in order to fund facility acquisition and construction needs, and cash and working capital needs. The Official Statements and other information contained below are furnished as general information only. In most cases it provides a brief description of and guide to, and is qualified by, more complete and detailed information. The inclusion of information herein is not an offering of bonds to potential investors.