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SUBMITTAL TO THE COUNTYWIDE OVERSIGHT BOARD FOR COUNTY OF RIVERSIDEMEETING DATE: FROM:January 19, 2023SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MORENO VALLEYSUBJECT:Resolution
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Gather all necessary documentation related to the successor agency and oversight requirements
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Who needs successor agency ampamp oversight?

01
Municipalities that have dissolved redevelopment agencies and are now required to have oversight of successor agencies
02
Government entities responsible for ensuring compliance with state regulations regarding redevelopment funds and assets
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Successor agency oversight is the monitoring and supervision of former redevelopment agencies in California to ensure that they are complying with dissolution laws and financial obligations.
The Oversight Board of each successor agency is required to file successor agency oversight.
Successor agency oversight is typically filled out online through the State Controller's Office website.
The purpose of successor agency oversight is to ensure that the assets and resources of former redevelopment agencies are being managed in compliance with state laws.
Information such as financial statements, asset inventories, and compliance with dissolution laws must be reported on successor agency oversight.
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