We apologize but this is about as crisp as we can get these images taken from the Godbe Research Report
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
PLEASE NOTE THAT THE LGCA BELIEVES THIS TO BE A SOCIAL DECISION AND WE ARE MORE OF A POLITICAL OPINION SITE BUT WITH A 6 YEAR FOCUS ON TOWN FINANCES. WE DO QUESTION THE TOWN’S MOTIVATION AND THEIR PROJECTED NUMBERS. … 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
2-24-22 A letter to the editor of the Bay Area News; Los Gatan; Los Gatos Weekly; Spotlight CC: Los Gatos Town Council; Los Gatos Finance Commission To give you context, please see the article in the BayAreaNews that incensed … Continued
Executive Summary: The Town is in the process of updating its general plan for the next 20 years. Part of this process is the requirement to identify space for future development of residential units to meet the State’s … Continued
This Silicon Valley town is doubling its housing; residents are crying foul
“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
Jak Vannada • Los Gatos Main Liza, these are very thoughtful questions and hopefully others who are following this string will get some answers too. Let’s see if I can answer them such that you understand my answer clearly. 1. … 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