Addendum
PREPARED BY: STEPHEN CONWAY
Finance Director
Reviewed by: Town Manager, Town Attorney, and Finance Director
110 E. Main Street Los Gatos, CA 95030 ● 408-354-6832
www.losgatosca.gov
TOWN OF LOS GATOS
COUNCIL AGENDA REPORT
MEETING DATE: 02/07/2017
ITEM NO: 7
ADDENDUM
DATE: FEBRUARY 3, 2017
TO: MAYOR AND TOWN COUNCIL
FROM: LAUREL PREVETTI, TOWN MANAGER
SUBJECT: ACCEPT THE COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE
FISCAL YEAR ENDED JUNE 30, 2016 AS RECOMMENDED BY THE COUNCIL
FINANCE COMMITTEE
REMARKS:
After the release of the report a typographical error was found on page 90 for the Town’s
proportionate share of net pension liability in 2016. The correct figure is $10,199,905. The
replacement page is contained in Attachment 5.
Attachments (previously received with the report):
1. Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2016.
2. Public comment provided to the Finance Committee
3. Bartel Report
4. Additional public comment received after the Finance Committee meeting
Attachments (received with this Addendum February 3, 2017):
5. Replacement page 90.