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8.B. - Page 25 of 122 <br />ALTERNATIVES <br />The City Council could request that staff develop an alternative funding strategy for the FY 2019-20 <br />budget. The City Charter requires that the Council, by motion, establish a date upon which the "City <br />Manager shall submit to the Council a proposed budget." Accordingly, the dates provided in this report <br />are recommended by the City Manager and may be changed at the City Council's discretion. <br />ATTACHMENTS <br />Attachment 1: Financial Sustainability Plan Update <br />Attachment 2: Preliminary Ten -Year General Fund Forecast <br />Attachment 3: Mid -Year Update on All FY 2018-19 Strategic Initiatives and Goals <br />Attachment 4: Mid -Year Update on Major Strategic Initiatives and Goals <br />Attachment 5: 2018 San Mateo County Civil Grand Jury Report: Soaring City Pension Costs — Time for <br />Hard Choices <br />REPORT PREPARED BY: <br />Kimbra McCarthy, Assistant City Manager and Administrative Services Director <br />kmccarthy@redwoodcity.org <br />780-7072 <br />APPROVED BY: <br />Kimbra McCarthy, Assistant City Manager and Administrative Services Director <br />Melissa Stevenson Diaz, City Manager <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />251 <br />