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C i t y o f R e d w o o d C i t y <br />C i t y o f R e d w o o d C i t y <br />Budget Study Session <br />Budget Study Session <br />2008-2010 <br />2008-2010 <br />Areas of Concern <br />•Health insurance costs <br />•Health insurance costs <br />•Retirement contributions –FY 2008-09 investment losses <br />•Retirement contributions –FY 2008-09 investment losses <br />•Educational revenue augmentation fund refunds <br />•Educational revenue augmentation fund refunds <br />•Housing slowdown and affect on property taxes and <br />•Housing slowdown and affect on property taxes and <br />property transaction taxes <br />property transaction taxes <br />•Parking fund <br />•Parking fund <br />•State <br />•State <br />•Sales tax <br />•Sales tax <br />23 <br />