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May 8, 2025 <br />Mario Xuereb <br />Principal Analyst <br />Finance Department <br />City of Redwood City <br />1017 Middlefield Rd <br />Redwood City, CA 94064 <br />Dear Mario Xuereb, <br />Pursuant to the guidelines of Proposition 111, the dollar amount of assessed valuation which is <br />attributable to non-residential new construction for the City of Redwood City for fiscal 2024/2025 <br />is <$14,543,233>. This represents a <1.37%> portion of the overall change. The change in the <br />Assessor’s Preliminary roll for your jurisdiction was $1,064,678,785. This represents a 3.33% <br />change from the prior fiscal year. <br />Please contact me either via e-mail at rsantos@smcacre.gov or call 650.599.1568 if you have any <br />further questions. <br />Best, <br />Rose Santos <br />Departmental Systems Analyst <br />6.A. - Page 11 of 12 <br />20