The Town’s claim as to a “balanced budget” is misleading and certainly isn’t a complete disclosure as to what has happened. The Town must present a budget, by law, where the operating expenses must be fully funded. There is no … Continued
May 24, 2020 Re: Options for economic recovery and community vitality in response to COVID-19 Dear Honorable Mayor and Council Members, At the upcoming special council meeting on May 26, you will be discussing various options to help … Continued
BE IT ORDAINED by the People of the Town of Los Gatos as follows: Section 1. Title. This measure shall be known and may be referred to as the “Town Finance Commission Initiative.” Section 2. Findings and Declarations. WHEREAS, … Continued
BE IT ORDAINED by the People of the Town of Los Gatos as follows: Section 1. Title. This measure shall be known and may be referred to as the “Town Council Term Limits Initiative.” Section 2. Findings and Declarations. WHEREAS, … Continued
Please Click on this link AgendaPacket-Council Meeting-May 5, 2020 7.00 PM ITEM 8
10-12-18 (Below is a copy of an email from Phil Koen to the Town Council on 10-12-19 asking the Council to pull the Staff’s request to approve a major additional cost of salaries and benefits issue as a consent item. … Continued
It is a common misconception that we would hit the top of allowable sales tax dollars if voters approve Measure G. Currently (10-11-‘201) the Town has ¼% available under the 2% district tax limit set by the State. The … Continued
Issue 1: The budget proposes the largest reduction in fund balances ($9,730,814) in recent history. Do you fully understand what this is and is it your judgment that this is the best use of the Town’s fund balances?
From one end of California to the other, hundreds of cities are facing a tsunami of pension costs that officials say is forcing them to reduce vital services and could drive some—perhaps many—into functional insolvency or even bankruptcy.
A general purpose half-cent sales tax with a 25 year sunset for a November 2016 ballot is viable. Had that Counsel passed that tax, the town would have generated over $120,000,000 in the 25 year time period; however, they rejected it.