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CITY OF REDWOOD CITY, CALIFORNIA <br />Cost of Services (User Fee) Study <br />Matrix Consulting Group Page 17 <br />Fee Name Volume Revenue at <br />Current Fee <br />Total Annual <br />Cost <br />Annual Surplus / <br />(Deficit) <br />Filing fee for Notice 7 $1,400 $1,400 $- <br />Photocopies – per page 500 $50 $125 ($75) <br />Flash Drive – 8 gb 5 $- $40 $(40) <br />DVD 1 $1 $2 ($1) <br />Returned Check 200 $3,000 $5,000 $(2,000) <br />TOTAL $4,451 $6,567 ($2,116) <br /> <br />As shown in the table, City Clerk and Finance are under-recovering annually by <br />$2,116. The $2,116 translates into a 68% cost recovery level, which is higher than the <br />20-40% typically seen for City Clerk & Finance Services. The primary source of this <br />deficits is the Returned Check and increasing those fees marginally will create a <br />significant dent in the cost recovery level for the City for these two services. <br /> <br />7.A. - Page 29