Bond analysts would review our level of reserves (all reserves, including cash flow, debt, unreserved, etc.) as part of their review of our entire financial and management picture.
The Village of Riverside derives a majority of its revenue for regular operations through levying a property tax.
Find out where the Village spends our revenue sources.
The Village of Riverside participates in two pension plans for its employees, the Police Pension Fund and Illinois Municipal Retirement Fund (IMRF). We are required to participate in both plans, and in both plans, the contributions and benefits are prescribed in state statute.