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<br />\O~- \1. <br /> <br /> <br />Office of Director of Finance <br />and Financial Planning <br /> <br />Redwood <br />O-Il¥ Galnornta <br />toulllJld 1881 <br />~ <br /> <br />1017 Middlefield Road <br />Redwood City. California 94063 <br />Telephone: (650) 780- 7070 <br />Fax: (650) 366-2447 <br />E-mail: bponty@redwoodcity.org <br /> <br />June 9, 2000 <br /> <br />Pete Hughes <br />18 Admirality Place <br />Redwood City, CA 94065 <br /> <br />Dear Mr. Hughes: <br /> <br />With regard to the questions you raised in your correspondence dated JWle 5, 2000 to the City CoWlcil <br />concerning the proposed 2000/01 budget, I offer the following responses: <br /> <br />Question no. 8 <br /> <br />"I don't understand the difference between page 335 total of capital improvement projects totaling <br />$46 million and page 19 showing capital project funds at $37 million? " <br /> <br />Response: <br /> <br />The amount on page 335 ($46 million) reflects the total recommended capital project appropriations <br />for 2000/01 while the amoWlt on page 19 ($37 million) reflects the total estimated revenue for <br />2000/0 I that will support capital projects. The difference is primarily attributable to transfers into the <br />capital project funds ($10 million). A comprehensive explanation of the capital project financing for <br />2000/01 may be found on pages two and three. <br /> <br />Question no. 10 <br /> <br />"On page 336 the Utility User tax is not included in funding sources of Capital Improvement <br />projects? " <br /> <br />Response: <br /> <br />The title on page 336 - "Capital Improvement Projects by FWlding Source" - refers to the fund in <br />which the projects are budgeted. The Utility Users Tax is ttansferred into the capital projects fund, <br />along with other amoWlts from the general fund. to fmance the capital projects in the "Capital Projects <br />FWld". <br /> <br />Question no. 11 <br /> <br />"I would like to see the breakdown of expenditures under City Manager Community Promotion. " <br /> <br />Response: <br /> <br />Total Community Promotions budget is $308,284 for fiscal year 2000/2001. The breakdown is as <br />follows: <br />