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Attachment 3 - Proposed response to the Santa Clara County Civil Grand Jury TOWN OF LOS GATOS OFFICE OF THE TOWN COUNCIL (408) 354-6801 Council@LosGatosCA.gov January 18, 2023 The Honorable Beth McGowen, Presiding Judge Santa Clara County Civil Grand Jury Superior Court Building 191 North First Street San Jose, CA 95113 RE: Response to the Santa Clara Civil Grand Jury Report on “Show Me the Money: Financial Transparency Needed” Dated December 14, 2023 Dear Presiding Judge McGowen, The Town would like to thank the Grand Jury for its work on this important topic. Enclosed please find the Town’s response to the Santa Clara Civil Grand Jury Report on “Show Me the Money, Financial Transparency Needed.” The response was reviewed and approved by the Los Gatos Town Council on January 17, 2023. The Town is required to respond to one Finding and one Recommendation. The attached document contains the Town’s responses to the Finding and Recommendation. In summary, the Town agrees and already implemented the recommendation of monthly reporting. If you have any questions, please contact me at Council@LosGatosCA.gov or (408) 354-6801. Sincerely, Maria Ristow Town of Los Gatos Mayor Enclosure cc: Karen Enzensperger, Foreperson, 2022 Civil Grand Jury Clerk of the Santa Clara County Superior Court ATTACHMENT 3 Town of Los Gatos Response to Grand Jury Report on Ballot Questions Finding: The Town of Los Gatos produced reports that contain the required content but does not produce the treasurer’s reports on a monthly basis as required by California Government Code section 41004. Recommendation: The Town of Los Gatos should produce its reports on a monthly basis to comply with California Government Code section 41004 by March 15, 2023. Response: The Town has already implemented changing the frequency of the reporting from quarterly to monthly.