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O ~ity of Redwood ~ity <br /> <br /> Vehicle License Fees - the wildcard ... <br /> <br /> FY03/04 FY04/05 FY05/06 FY06/07 <br /> <br /> "Initial" deficit - $ (4,:L32) (8,613) (6,425) (2,098) <br /> Deficit - % of expenditures 6.44% 12.21% 9.:L5% 3.043/0 ~ <br /> <br /> % of deficit covered from reserves 50.00% 33.00% 0.00% <br /> Expenditure reductions - $ ~'~ (4,307) (4,305) (2,098)' <br /> Use of reserves - $ ' (4,307) (2,120) 0 <br /> <br /> Reductions as a % of expenditures: <br /> <br /> "across the board" 6.10% 6.13% 3.04% <br /> "no cuts to public safety" 12.21% 12.26% 6.07% <br /> <br /> <br />