County Treasury

What County Treasury does

The Riverside County Treasurer-Tax Collector (also referred to as "County Treasury") is a California state-mandated, combined county government office established May 9, 1893, and headquartered in Riverside, California. It performs two statutory functions: (1) Tax Collector — billing and collecting secured, unsecured, supplemental, delinquent, and transient occupancy property taxes and special assessments for Riverside County, its 28 cities, school districts, community college districts, and special districts; and (2) Treasurer — serving as chief investment officer with fiduciary responsibility over the Treasurer's Pooled Investment Fund (TPIF), a $13.8 billion AAA/Aaa-rated (Fitch, Moody's) pooled investment vehicle that acts as ex-officio treasurer for educational and special districts. The office is led by elected Treasurer-Tax Collector Matthew Jennings (since September 2020), who progressed internally over 30 years, and operates with 110 employees across three physical locations (Riverside, Palm Desert, Temecula) covering 7,303 square miles and approximately 2.3 million residents.

The core technology stack is conventional government infrastructure rather than a proprietary platform. Tax collection runs through the PublicAccessNow.com third-party online payment portal (credit/debit and e-check), supported by telephone, in-person counter, mail, wire/ACH (via Union Bank and U.S. Bank), and a dedicated title-company electronic payments program. District fund access is operated on SunGard. The office handles over one million property tax bills and approximately $4.4-5.1 billion in annual property tax collections, with the broader Treasurer function managing over $17.5 billion (and in newer disclosures, over $30 billion) in annual receipts and disbursements. Supplementary revenue and fee-generating services include Transient Occupancy Tax collection (10%), Temecula Wine Country Tourism Marketing District assessments (2%), unclaimed property administration, tax-defaulted property sales, mobilehome tax clearance certificates, and a Financial Literacy Program targeting 10,000+ community members annually.

The revenue model is fundamentally a government tax-collection and treasury-management pass-through rather than a commercial fee business. The office collects taxes on behalf of multiple taxing agencies and earns a defined schedule of statutory fees (e.g., Certified Copy $4.88, Duplicate Tax Bill $3.41, Installment Plan Start-up $23.92, Annual Maintenance $40.24, Redemption Fee $36.45, Power to Sell $365.38, Unsecured Field Collection $78.77/hr). Direct-to-consumer distribution occurs across multiple channels — online, phone, in-person at three offices, mail, wire/ACH, and a title-company bulk portal — with third-party convenience fees (including 1.99% via Easy Smart Pay) on card payments. Customers span individual property owners (long tail, over 1M annually), 25 largest enterprise taxpayers, hotel/motel and short-term rental operators, mortgage professionals, and institutional government/school/special-district depositors.

Name

County Treasury

Legal name

County of Riverside Treasurer-Tax Collector

Website

https://countytreasurer.org

Company type

Public

Founded year

1893

Operating status

Operating

Headcount range

1–10 employees

Short description

The Riverside County Treasurer-Tax Collector is a California state-mandated government office that bills and collects property taxes (~$5.1B annually across 1M+ bills) and manages the $13.8B AAA-rated Treasurer's Pooled Investment Fund on behalf of the county, 28 cities, school districts, and special districts.

Ownership category

akta.pro rank

Product category

County Treasury and Tax Administration

NAICS

Public Finance Activities (921130), Executive, Legislative, and Other General Government Support (921), Other General Government Support (921190)

SIC

Finance Services (6199)

akta.pro primary industry

Municipal Tax & Revenue Administration (Local) (BPAIACAD)

akta.pro secondary industries

Treasury & Cash Management (BPAIAEAB), Municipal Finance, Treasury, Budget & Procurement (BPAIACAC), Revenue Systems, E-Filing & Digital Tax Administration (BPAIADAO)

Keywords

• Property tax collection
• Public fund management
• Treasury investment services
• Tax payment processing
• Government revenue administration

Headquarters

HQ city

Riverside, CA

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Property Tax Collection: Billing and collection of secured, unsecured, supplemental property taxes, transient occupancy taxes, and special assessments for Riverside County, cities, school districts, and special districts. Approximately $4.4 billion annually in property tax bills processed.
2. Treasury Investment Management: Managing and investing public funds in the Treasurer's Pooled Investment Fund (TPIF) on behalf of county, school districts, community college districts, special districts, and discretionary depositors. TPIF maintains AAA ratings.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

County Treasury combines county treasury and tax-collector functions, administering property-tax billing and collection, public-fund receipts and disbursements, and the Treasurer's Pooled Investment Fund. It also provides tax-defaulted property sales, transient occupancy tax administration, unclaimed-money services, and digital, telephone, mail, counter, wire, ACH, and bulk-payment channels for Riverside County taxpayers and public agencies.

Product overview

The Office of the Riverside County Treasurer-Tax Collector operates as a combined government department offering two primary functions: Treasury services (investment management through the Treasurer's Pooled Investment Fund) and Tax Collection services (billing and collection of property taxes). The core products include the TPIF investment portfolio managing $8.4-$13.8 billion, and comprehensive tax collection processing $4.4-$5.1 billion annually across secured, unsecured, supplemental, and transient occupancy taxes. Supporting services include online payment processing via PublicAccessNow.com, the Easy Smart Pay monthly installment option, tax sale operations for defaulted properties, unclaimed money management, mobilehome tax clearance certificates, and specialized tourism district assessments. The department also offers bulk payment systems for title companies and property managers with 15+ parcels, plus financial literacy education programs for the community.

Differentiator

Problem solved

Functional benefit

Products and services

• Treasurer's Pooled Investment Fund (TPIF) A county investment portfolio managed by the Treasurer as chief investment officer for public monies held for Riverside County, school districts, community college districts, special districts, and discretionary depositors. The fund is valued at approximately $13.8 billion and maintains AAA/Aaa ratings from Fitch Ratings and Moody's Investors Service.
• Tax Collection Services Billing and collection services for secured, unsecured, supplemental, and delinquent property taxes, transient occupancy taxes, and special assessments on behalf of Riverside County, cities, schools, community colleges, and special districts. The office collects nearly $5.1 billion annually across more than one million tax bills.
• Online Tax Payment System A PublicAccessNow.com platform for reviewing and paying property taxes online by credit or debit card or e-check. The service is available 24/7, accepts Visa, MasterCard, Discover, and American Express, and applies convenience fees to card payments.
• Tax Sale Operations Oversight of public auctions for secured and unsecured tax-defaulted property. Secured sales return tax-defaulted properties to the tax roll after five or more years of delinquency, while unsecured sales collect unpaid personal-property taxes.
• Transient Occupancy Tax (TOT) Collection of a 10% tax on gross rent from hotels, motels, bed-and-breakfast properties, and short-term rentals in unincorporated Riverside County. The service is administered under Ordinance 495 with quarterly filing requirements.
• Mobilehome Tax Clearance Certificates County Tax Collector certificates issued for mobilehome title transfers through the California Department of Housing and Community Development, including qualifying homes purchased new after June 30, 1980, or mobilehomes with delinquent license fees.
• Unclaimed Money Administration of unclaimed property held by the county, including property-tax double payments and estates with unknown heirs, in accordance with California Government Code 50050.
• Title Company Electronic Payments A dedicated online portal through which title companies can input parcel PINs, verify current-year secured tax amounts, submit payments by wire transfer, and use templates for recurring transactions.
• Bulk Payment System (15+ Parcels) An online payment-file system for entities paying 15 or more parcels. It supports parcel PIN entry, recurring-payment templates, and payment submission by wire or check.

Quantifiable outcome

• Over $4.4 billion in annual property tax bills processed
• +2 more outcomes

Named customers1 record

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature1 record

Partnerships

Six partnerships are on record, tiered minor and core.

• Easy Smart PayminorOthersThird-party vendor partnership providing monthly payment option for property taxes via ACH or credit card. Fee currently 1.99%. Service endorsed by the office but not affiliated with Riverside County.
• AirbnbminorOthersPlatform collects and submits Transient Occupancy Tax on behalf of hosts utilizing the Airbnb platform in unincorporated Riverside County.
• Visit Greater Palm SpringsminorOthersEffective October 1, 2022, Visit Greater Palm Springs manages GPSTBID registrations, billings, and collections for short-term vacation rentals in Riverside County. Previously handled by Treasurer-Tax Collector.
• Visit Temecula ValleyminorOthersOwner's association for Temecula Wine Country Tourism Marketing District (TWCTMD). Provides information regarding TWCTMD assessments collected by the County Treasurer-Tax Collector at 2% of gross short-term room rental revenue.
• SUNGARDcoreTechnology or IntegrationTechnology platform for school and special district fund access, enabling districts to draw upon their funds to pay for budgeted expenses from the Treasurer's Pooled Investment Fund.
• Union BankcoreTechnology or IntegrationBanking partner for title company electronic payment processing. Title companies submit payments via online program that wires funds to Union Bank account for processing.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Peers

• Invoice Cloud:

Direct peers

• Ventura County Treasurer-Tax Collector: Another California county operating a combined Treasurer-Tax Collector office, providing property tax billing/collection and pooled investment services to its taxing agencies. Function-for-function comparable with Riverside on structure, statutory authority, and service mix.
• Orange County Treasurer-Tax Collector: Operates the combined TTC office for Orange County, the third-largest county in California. Same statutory mandate, combined Treasury + Tax Collection structure, and AAA-rated pooled investment function — a tight functional analog at smaller scale than LA but larger than Riverside.
• San Diego County Treasurer-Tax Collector: Runs the same combined Treasurer-Tax Collector model for San Diego County, handling secured/unsecured property tax billing and pooled treasury investment for districts. Closely comparable county-level public office with similar statutory authority under California Government Code.
• San Bernardino County Auditor-Controller/Treasurer/Tax Collector: Adjacent Inland Empire county operating a combined Auditor-Controller-Treasurer-Tax Collector office. Performs property tax billing/collection and treasury investment for the county and its districts, with overlapping customer base of taxpayers in the Inland Empire region.
• Los Angeles County Treasurer and Tax Collector: Operates as a combined Treasurer-Tax Collector for the largest county in California, performing property tax billing/collection and managing a large pooled investment portfolio. Direct, same-mandate counterpart at materially larger scale (~10M residents, several times the parcel base).
• Santa Clara County Office of the Treasurer: California county with a tax-and-treasury function over a major Bay Area population. Performs comparable roles in pooled investment management and ex-officio treasurer service for districts, with similar revenue model (transaction and investment-management fees).

Emerging players

• PayIt: Provides a digital government-services and payment platform adopted by multiple county and state treasurers for tax, fee, and license payments. Competes for the same interface layer that Riverside's PublicAccessNow.com portal occupies, with similar end-customers (property owners).

Broad incumbents

• California State Treasurer's Office: State-level treasury authority responsible for managing and investing billions in state funds, overseeing state bond issuance, and administering state financial programs. Broader incumbent operating at the next jurisdictional tier above county treasurers, with overlapping fiduciary investment mandate.
• Tyler Technologies: Large public-sector software vendor whose ERP and tax/utility billing platforms (Munis, iasWorld) are commonly used by county treasurers and tax collectors. Comparable as a broad incumbent in the same operating category — powering the back office of offices like Riverside's.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/rivcottc
• Instagraminstagram.com/rivcottc
• LinkedInlinkedin.com/company/county-treasury

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about County Treasury