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Page 13 of 22 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />Transfers <br />Revenues Expenditures <br />Transfers 384,302 - <br />10,133,203 10,400,181These technical accounting changes to Transfers are needed to implement some of the aforementioned <br />adjustments to department budgets. <br />Capital Projects Funds <br />The mid-year budget amendment recommends increasing Capital Projects Funds revenues by $1.5 million and <br />reducing expenditures by $4.9 million, resulting in a $6.4 million increase in Capital Projects Funds fund <br />balance. Highlights include: <br />Engineering & Transportation <br />Revenues Expenditures <br /> Workforce <br />Plan <br />Engineering & Transportation -- <br />Parks Recreation & Community Services -(4,937,593)This net-zero change to the Engineering & Transportation budget reallocates funds to support the 25% <br />local match required by the recently secured Federal grant that will allow the City to identify and design <br />levee improvements needed for Federal Emergency Management Agency (FEMA) accreditation. <br />Parks Recreation & Community Services <br />Revenues Expenditures <br />Parks Recreation & Community Services -(4,937,593) <br />These technical changes are related to the Parks Impact Fee adjustments discussed above. <br />Public Works <br />Revenues Expenditures <br /> Workforce <br />Plan <br />Public Works -32,159 0.50 <br />Transfers 1,503,822The mid-year budget amendment includes net-zero technical changes in support of Redwood Creek <br />channel repairs. The mid-year amendment also includes $32,159 and 0.5 FTE to allow Public Works to hire <br />a regular Office Clerical Level 1 position to support the tree program. <br />Transfers <br />Revenues Expenditures <br /> Workforce <br />Plan <br />Transfers 1,503,822 - <br />(4,905,434)These technical accounting changes to Transfers are needed to implement some of the aforementioned <br />adjustments to department budgets. <br />Enterprise Funds <br />8.A. - Page 13 of 70 <br />178