Laserfiche WebLink
Page 4 of 9 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />General Fund Revenues <br />General Fund revenues are expected to increase to $206.9 million in FY 2025-26, an increase of $15.8 <br />million, or 5.7 percent from the FY 2024-25 Adopted Budget. The increase in revenues reflects a more <br />realistic revenue forecast that considers actual revenue collections in recent years. In addition, General <br />Fund revenues for FY 2025-26 include $3.9 million from the City’s new business license tax structure, <br />which was approved as Measure BB by Redwood City voters in November 2024. <br />Personnel <br />The FY 2025-26 Budget adds 26.6 total Full-Time Equivalent (FTE) positions to support City operations. <br />Due to the dynamic nature of providing services to the community and serving the organization, <br />positions often evolve and advance beyond the original classification and/or scope. In addition, as <br />service needs and operations evolve over time, City staff review the City’s classification system and <br />organizational structure and recommend changes in support of the City’s Strategic Plan and improve <br />service delivery. <br />The following new positions are included in the Adopted Budget: <br />7.A. - Page 4 of 13 <br />422