Laserfiche WebLink
8.A. - Page 16 of 42 <br />Net Budget Position <br />The Preliminary Ten -Year General Fund Forecast projects a slight deficit of $77,000 in FY 2020-21, followed <br />by a $7.5 million deficit in FY 2021-22, and subsequent deficits through FY 2025-26 ranging from $263,000 <br />to $4.4 million. The projected net budget position of the general fund are shown in the chart below. <br />Projected General Fund Net Operating Position <br />(in thousands) <br />11319 yo 19Z� til 2��1 y� 1.7, -0101'3 ZR IvQT tis 1011$' 6 1016 '11Irs" o1�Za ti9 101,11' o <br />000c� r� <br />$14,000 <br />$12,067 <br />$12,000 <br />$10,000 <br />$8,000 <br />$7,028 <br />$6,000 $5,178 <br />$4,000 $3,438 <br />$2,000 $1,575 <br />${2,000] <br />$(77) 1 , $(263) <br />$(1,802) <br />$ <br />${4,000) (2,587) <br />$(4,377) <br />${6,000) <br />${8,000) $(7,499) <br />Page 16 of 28 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />547 <br />