How We Came Up with $120,000,000 of Lost Revenues That The 2016 Council Rejected

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

If Measure G produces $1.2M with 1/8 cent, then a 1/2 cent produces $4.8 M. In 25 years when it sunsets, it would have produced a total of $120 M not taking inflation into account which would raise the number well above $4.8 Million.

If we got $4.8M every year and we are running a $4M deficit as we show in the five year forecast, we would still have $800K left over (before inflation).

Voted for the tax: Leonardis and Sayoc
Voted against the tax: Jensen, Rennie and Spector

Thoughts On The 2040 General Plan and Why It Should Not Be Adopted

“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

Pension Debt and Annual Costs Are Increasing Again for Los Gatos During the 2020-2021 Fiscal Year!

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