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

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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

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From: Phil Koen Sent: Wednesday, August 10, 2022 7:41 AM To: Rob Rennie <>; Maria Ristow <>; Marico Sayoc <>; Mary Badame <>; Matthew Hudes <> Cc: Laurel Prevetti <>; Arn Andrews <>; Gabrielle Whelan <>; jvannada; Rick Van Hoesen … Continued

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2040 General Plan Recirculated Draft Environmental Impact Report

        January 5, 2022 VIA E-MAIL [JArmer@losgatosca.govl Jennifer Armer, AICP Senior Planner Town of Los Gatos Community Development Department 110 E. Main St. Los Gatos, CA 95030 Re:      Town of Los Gatos 2040 General Plan Recirculated Draft … Continued

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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

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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