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Attachment 3 - Public CommentA comparison of two similar towns, Los Gatos to Los Altos, as you increase salaries that will, in turn, increase pensions and may set a higher bar for employees when they bargain for wage increases - that will also increase pension costs. City os Altos os Gatos os Altos vs os Gatos Total Retirement & !'Wages 1 Benefits/ Residents Employees Total Wages Health Contrib Employees Employee 31,19 30,988 20 232 1 $ 15,889,251 $ 17,123,661 1,234,410 $ 3,642,983 $ 4,228,967 $ 68,488 $ 73,492 (585,984) (5,004) $ 15,703 $ 18,150 (2,448) Total Pay Package/I:ni p. $ 84,191 $ 91,642 (7,452) Los Altos has 202 fewer residents than Los Gatos Has one less employee Pays $ 1,234,410 less in wages annually Pays $585,894 less for retirement and health benefits annually Those two total more than $1.8 million that Los Altos pays Tess than Los Gatos Pays $ 5,004 less in average wage annually per employee Pays $2,448 less annually per employee for benefits Los Altos's total pay and benefits package is $7,452 less per employee than Los Gatos annually Has $36,185,071 Net Pension liabilities 6/30/18 (pg 66 of 6/30/19 CAFR) Los Gatos Net Pension liabilities on 6/30/18 were $53.204.508 Top 10 Paid Employee information LG Minimum Average of top 10 155,453 LG Maximum 216,390 LA Minimum LA Maximum 164,828 206,019 The averages came from Los Altos and Los Gatos public internet data I used the 10 highest paid positions for both towns for comparison Los Altos has no Library Director It does not appear that Los Altos has an attorney, In Los Altos, one of the top 10 is the Administrative Services Director. LG has no equivalent Since 2016, the Town Manager's salary has increased 23% The Assistant Town Managers salary has increased 19.7% The Police Chiefs Salary has increased 22.7% The Town Attorney's salary has increased 13.3% Los Gatos Town Manager Projected Salary: $250,000 Los Altos City Manager Salary: $228,360 Jak VanNada - Los Gatos Community Alliance Facts Matter; Transparency Matters; Honesty Matters www./gca. town ATTACHMENT 3