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01 Mins 5-19 Joint Meeting 110 E. Main Street Los Gatos, CA 95030 ● 408-354-6832 www.losgatosca.gov TOWN OF LOS GATOS COUNCIL AGENDA REPORT MEETING DATE: 08/05/2025 ITEM NO: 1 DRAFT Minutes of the Joint Special Meeting of The Town Council and Finance Commission Tuesday, May 19, 2025 5:30 P.M. The Town Council of the Town of Los Gatos conducted a Special Meeting in person and via teleconference to receive a Financial Management Training for Local Government. MEETING CALLED TO ORDER AT 5:30 P.M. ROLL CALL Present: Mayor Matthew Hudes, Vice Mayor Rob Moore, Council Member Mary Badame, Council Member Rob Rennie, and Council Member Maria Ristow. Absent: None. Finance Commission: Present: Chair Reiners, Vice Chair Monk, Commissioner Fischer, Commissioner Koen, and Commissioner Rodgers. Absent: None. VERBAL COMMUNICATIONS No one spoke. PRESENTATION 1. Financial Management Training for Local Government – Budgeting and Financial Reporting Led by Experts from the Government Finance Officers Association Chris Constantin, Town Manager, introduced the item and the presenter Katie Lugwig, Director of Resource Development for the Government Finance Officers Association’s Research and Consulting Center. Katie Lugwig provided a presentation on budgeting and financial reporting for local government. The Town Council and Finance Commission received the presentation, engaged in discussion, and asked clarifying questions. ADJOURNMENT The meeting adjourned at approximately 8:58 p.m. PAGE 2 OF 2 SUBJECT: Draft Minutes of the Special Joint Meeting of the Town Council and Finance Commission DATE: August 5, 2025 Respectfully Submitted: _____________________________________ Wendy Wood, Town Clerk