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� City of Redwood City . <br /> Re c�t Assumptions Used <br /> CILuCan�u Y Council Priorities 2008-2010 <br /> and General Fund Financials <br /> �� February 25, 2008 �� ���� � � � <br /> Preliminary Projections <br /> •��Status quo" general fund budget - no <br /> prog ra m matic i ncreases added at th is ti me. <br /> • Salary and benefits costs for existing employees <br /> have been u pdated. Costs to cha nge casua I <br /> employees to permanent part-time is included. <br /> • Council approved funding plan for retiree medical <br /> benefits included. <br /> • 2.0% inflation adjustment added to supplies and <br /> services for 2008/09 and 0% in 2009/ 10. <br /> � <br />