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8.A. - Page 10 of 42 <br />Department <br />Change Since <br />Percentage Change <br />Reason for Change <br />October 2020 <br />Since October 2020 <br />Services and Children Services <br />and Community Outreach <br />programs <br />Transfer of UUT <br />$200,000 <br />2.0% <br />Higher than expected UUT <br />revenue to CIP Fund <br />revenue results in an increased <br />transfer to the CIP fund <br />City Council, City <br />($4,200,000) <br />(5.2%) <br />Reductions in program costs, <br />Manager, City Attorney, <br />position vacancies, and continued <br />City Clerk, <br />cost savings by departments have <br />Administrative Services <br />resulted in lower than expected <br />Department, Human <br />expenditure. <br />Resources, Police, <br />Parks, Recreation and <br />Community Services, <br />and Public Works <br />Services <br />Department <br />Change Since <br />Percentage Change <br />Reason for Change <br />October 2020 <br />Since October 2020 <br />15% reserve <br />($500,000) <br />(98.5%) <br />Reserve requirement decreased <br />requirement <br />due to lower estimated total <br />revenue for FY 2021-22 (15% <br />reserve requirement) <br />Transfer to Docktown <br />($200,000) <br />(18.7%) <br />Operating loss in Docktown Fund <br />Fund <br />is estimated to be lower than <br />previously forecast <br />TOTAL CHANGE: <br />($2,700,000) <br />(1.8%) <br />Expenditures in most departments are projected to be in line with budget or less than budget, except for <br />Community Development and Transportation, the Fire Department, and the Library Services Department. <br />These increases in expenditures are more than offset by cost savings in all other departments. <br />3. FY 2020-21 MID -YEAR BUDGET UPDATE — CAPITAL IMPROVEMENT PROGRAM (CIP) <br />The FY 2020-21 adopted and amended budget includes $18.1 million in new CIP funding over 42 projects, <br />not including administrative unallocated staff costs of $3.0 million. <br />Over the first half of the fiscal year, staff has made steady progress on a range of capital improvement <br />projects spread out over ten functional areas. <br />Page 10 of 28 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />541 <br />