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Page 7 of 22 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />Table 3 summarizes recommended mid-year changes in budgeted appropriations for revenue and <br />expenditures by fund type. A detailed explanation of these revisions is provided in the exhibits to the <br />resolution in Attachment B (see Exhibit A – Changes in Revenues, and Exhibit B – Changes in Expenditures). <br />Table 3 <br />This year’s mid-year budget amendment also recommends increasing the number of authorized full-time <br />equivalent (FTE) employees by 5.50 to address workload needs. As summarized Table 4, if approved by <br />the City Council, these additions would increase the total number of authorized FTEs from 601.93 to <br />607.43. Additional details about the FTEs added are provided below and included as Exhibit C to the <br />resolution in Attachment B. <br />Table 4 <br /> <br />Highlights of the items recommended in the mid-year budget amendment are provided below. <br />Summary of Recommended Budget Changes by Fund Type, in Dollars <br />Revenues Expenditures Net Change in Fund <br />Balance <br />General Fund 820,263 1,123,908 (303,645) <br />Special Revenue Funds 10,133,203 10,400,181 (266,978) <br />Capital Projects Funds 1,503,822 (4,905,434)6,409,256 <br />Enterprise Funds -771,000 (771,000) <br />Internal Services Funds -2,846,502 (2,846,502) <br />Total Revisions 12,457,288 10,236,157 2,221,131 <br />8.A. - Page 7 of 70 <br />172