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Don't Miss a Chance to Comment on Redwood City's Financial Status

The second budget study session for the 2011-2012 fiscal year will be held Monday at City Hall.

Missed last week’s budget session on the upcoming 2011-2012 city budget?

City staff will host a second study session on Monday, June 27, to review the first budget study session. Staff will return with recommendations and answers to questions from the city council.

Management Partners, an independent consulting company, has been helping with the city’s budget analysis.

On July 11, the city will formally adopt the budget for 2011-2012.

 

Recap:

The city in its proposed budget, according to city manager Bob Bell. The city used a three-pronged approach of , organizational efficiencies and revenue generation, like with San Carlos and the to other cities.

between 12 to 15 percent because the San Francisco Public Utilities Commission (SFPUC) will increase their rates 38.4 percent.

Sewer rates, however, will increase by its expected 9 percent annual rate.

Redevelopment will continue a number of projects, including the one-acre property on Broadway Avenue right across from the . Though cities across the state are unsure if Gov. Jerry Brown will , Redwood City is moving forward with its planned projects.

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