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C i t y o f R e d w o o d C i t y <br />Budget Study Session <br />RDA General Budget <br />FY 2007/08 <br />Highlights <br />Approx. $800,000 in new tax increment. <br />? <br />$165,893 less in earned interest due to <br />? <br />completion of capital projects. <br />$120,643 in additional employee costs due to <br />? <br />increases in salary and benefits. <br />20 <br />