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Redwood <br />IWACityi zz'.. <br />IAWJ <br />Strategy <br />Largely rolling over the current year budget, postponing non- <br />essential spending <br />Focus now on restoring community & business vitality <br />Consider changes/reductions in services Fall 2020 when we have <br />more information on revenues and needs <br />Forecasts <br />Developed three 10 -year forecasts, reflecting different scenarios <br />(V, U, L) <br />FY 2020/21 projected operating deficit of $10.1 million <br />28 of 19 <br />