The major failing of the study is that it is purposely designed to “tax” new development to fund all the cost of certain transportation projects the Town Council wishes to develop over the next 20 years, regardless of whether they are truly required to accommodate growth.
For Council closed session 3/26/24 Regarding Interim Town Manager position Dear Council, I am concerned that you will be making a decision on the interim Town Manager by elevating our Assistant TM without looking outside the Town for an … Continued
Guest View – Los Gatan – Published 3-27-24 Four Town officials—Town Manager Laurel Prevetti and former mayors Maria Ristow and Rob Rennie, along with Councilmember Rob Moore—have been responsible for the failure to get the Housing Element passed, despite … Continued
BEST PRACTICES GFOA Achieving a Structurally Balanced Budget Adopt rigorous policies, for all operating funds, aimed at achieving and maintaining a structurally balanced budget. Most state and local governments are subject to a requirement to pass a balanced budget. However, … Continued
The following letter was sent to the Council and Staff on 2-18-24 by the Chair of the Finance Commission Phil Koen. I have been watching the Town Manager and her supporters, Councilmembers Ristow and Moore, try to manipulate the citizens … Continued
We used Measure G as of 2022 to establish our number. A 1/8 cent sales tax passed in 2018 with Measure G currently generates $1.2 Million per year. A 1/2 cent sales tax would equal 4x the 1/8 cent sales … Continued
CALPER’s latest actuarial report for the Misc Pension Plan shows remarkable progress in reducing the unfunded pension liability. To refresh your memory as of June 30, 2019 the unfunded pension liability for the Misc Plan was $35.9m and had a … Continued
Fellow Los Gatans: The attached letter contains the comments and arguments of the Los Gatos Community Alliance (LGCA) against the current Proposed 2040 General Plan, (PGP), the Environmental Impact Report,(EIR), and the sequence in which the planning process has proceeded, … Continued
“Cities have the capability of providing something for everybody, only because and only when, they are created by everybody” – Jane Jacobs The General Plan is more than a legal underpinning for land use decisions; it reflects the community’s … Continued
The Town just posted the new CALPERs actuarial valuations as of June 30, 2019 and as we suspected they are not pretty. Funded status for both plans decreased. Safety is down to 67.9% and Misc is also down to 71.9%. … Continued