No. This is an outlandish and false claim made by the two sole naysayers. There is nothing in Measure A that requires the Council to engage the Finance Commission before they meet or act. The Town Attorney’s Impartial Analysis and … Read More
Measure A will fix a broken and non-functioning Sale Tax Oversight Committee by merging the Sales Tax Oversight Committee duties into the newly established 7 person Finance Commission. When Measure G (Sales Tax Measure) was approved by voters in November … Read More
The Los Gatos Town Council could benefit from expert financial advice. Most elected officials are not financial experts and do not come from a background in finance. Voting Yes on A creates a non-paid, advisory-only Finance Commission, allowing highly qualified … Read More
Measure A combines two commissions into one, streamlining financial decision-making for the Council by providing outside expert advice. Measure A will also allow the Finance Commission budgetary review, increasing transparency into the Town’s financial decisions and budgeting process.
Yes. The Finance Commission would not be paid and could only offer financial advice to the Council. Measure A does not supplant the Council’s decision-making power. It simply offers the Council access to financial expertise, should they need it.
As of June 30, 2014 the total for the safety and miscellaneous plans was $33.6m. As of June 30, 2019 it was $62.9m. That is an 87% increase (or $30m) in that 5 year period. Moody’s, the leading credit rating … Read More
Yes. Measure A does not take away any legal authority from the Council, which will remain accountable to local voters when it comes to budgetary and fiscal decisions. Measure A simply increases the number of highly qualified residents providing expert … Read More
Yes. Measure A takes best practices from California’s best-managed cities to improve transparency and fiscal responsibility in Los Gatos. Finance commissions bring proven results, providing important guidance regarding budgetary decisions, financial policies and fiscal accountability.
Yes, members of the public will be able to attend Finance Commission meetings. Plus, all binding financial decisions will still be left to the Town Council, which ultimately is accountable to the voters.
The Town has a long standing Council policy which defines the appointment procedures, responsibilities and actions of the applicant, the Town Clerk and Town Council. If Measure A is approved, all current appointment procedures, responsibilities and actions would remain the … Read More